RESIDENSI BUKIT KECIL in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2021, with a median price of RM 680K and a median price per square foot (PSF) of RM 508.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 680K, with most transactions falling within a stable range of RM 626K to RM 734K, and a typical market range of RM 619K to RM 741K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 508, with most transactions between RM 475 and RM 542. The usual range is RM 468.50 to RM 547.50, showing that most units are priced quite close to each other. With an IQR of RM 79.00 and MAD of RM 34, the PSF demonstrates reasonable consistency across the market.
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.