BATU KAWAN SME in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2021, with a median price of RM 1.40 million and a median price per square foot (PSF) of RM 376.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.40 million, with most transactions falling within a stable range of RM -363,000 to RM 3.16 million, and a typical market range of RM 519K to RM 2.28 million.
Most transactions involved semi-detached factory/warehouse, with high diversity across multiple property types.
For price per square foot, the median is RM 376, with most transactions between RM 341 and RM 411. The usual range is RM 309.50 to RM 442.50, showing that most units are priced quite close to each other. With an IQR of RM 133.00 and MAD of RM 35, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
