Penang
Seberang Perai Tengah
11
CHIP JOO ESTATE

CHIP JOO ESTATE

Area Intelligence

2022

Median Price

RM 400,000

PSF: RM 125

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Residential PSF Trends

Median Price

RM 400,000

PSF: RM 125

CHIP JOO ESTATE in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2022, with a median price of RM 400K and a median price per square foot (PSF) of RM 125.

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 125, with most transactions between RM 125 and RM 125. The usual range is RM 117.50 to RM 132.50, 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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