TMN BKT KECIL

TMN BKT KECIL in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2023, with a median price of RM 600K and a median price per square foot (PSF) of RM 260.

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 600K, with most transactions falling within a stable range of RM 500K to RM 949K, and a typical market range of RM 500K to RM 761K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 260, with core pricing between RM 210 and RM 310. Market pricing typically extends from RM 219.75 to RM 300.25, reflecting moderate variation in unit pricing. The spread of RM 80.50 (IQR) and deviation of RM 50 (MAD) suggest moderate price variations reflecting different property features.

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.