CHIP JOO ESTATE

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. The median price is RM 295K, with most transactions falling within a stable range of RM 243K to RM 348K, and a typical market range of RM 269K to RM 321K.

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

The median PSF stands at RM 95, with core pricing between RM 80 and RM 110. Market pricing typically extends from RM 87.50 to RM 102.50, reflecting moderate variation in unit pricing. The spread of RM 15.00 (IQR) and deviation of RM 15 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.