KAW P'HAAN RINGAN JURU(1025 & 1026) in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2023, with a median price of RM 743K and a median price per square foot (PSF) of RM 385.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 743K, with most transactions falling within a stable range of RM 658K to RM 828K, and a typical market range of RM 627K to RM 858K.
Most transactions involved terraced factory/warehouse, with minimal variety in property types.
The median PSF stands at RM 385, with core pricing between RM 345 and RM 425. Market pricing typically extends from RM 321.50 to RM 448.50, reflecting moderate variation in unit pricing. With an IQR of RM 127.00 and MAD of RM 40, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.