KAW P'GAAN SIMPANG EMPAT

KAW P'GAAN SIMPANG EMPAT in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2024, with a median price of RM 445K and a median price per square foot (PSF) of RM 319.

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 445K, with most transactions falling within a stable range of RM 440K to RM 450K, and a typical market range of RM 442K to RM 448K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 319, with most transactions between RM 311 and RM 327. The usual range is RM 309.88 to RM 327.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 17.25 and an average deviation (MAD) of RM 8 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.