Penang
Seberang Perai Tengah
11
CHIP JOO ESTATE

CHIP JOO ESTATE

Area Intelligence

2024

Median Price

RM 295,000

PSF: RM 95

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Residential PSF Trends

Median Price

RM 295,000

PSF: RM 95

CHIP JOO ESTATE in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2024, with a median price of RM 295K and a median price per square foot (PSF) of RM 95.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved detached, with minimal variety in property types.

For price per square foot, the median is RM 95, with most transactions between RM 95 and RM 95. The usual range is RM 87.50 to RM 102.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 15.00 and an average deviation (MAD) of RM 0 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.

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CHIP JOO ESTATE, Seberang Perai Tengah, Penang

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