Penang
Seberang Perai Tengah
12
KAW P'HAAN RINGAN JURU(1025 & 1026)

KAW P'HAAN RINGAN JURU(1025 & 1026)

Area Intelligence

2023

Median Price

RM 855,000

PSF: RM 457

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Commercial PSF Trends

Median Price

RM 855,000

RM 457 PSF

KAW P'HAAN RINGAN JURU(1025 & 1026) in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2023, with a median price of RM 855K and a median price per square foot (PSF) of RM 457.

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 855K, with most transactions falling within a stable range of RM 730K to RM 875K, and a typical market range of RM 740K to RM 875K.

Most transactions involved terraced factory/warehouse, with minimal variety in property types.

The median PSF stands at RM 457, with core pricing between RM 389 and RM 525. Market pricing typically extends from RM 393.50 to RM 520.50, reflecting moderate variation in unit pricing. With an IQR of RM 127.00 and MAD of RM 68, 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. 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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KAW P'HAAN RINGAN JURU(1025 & 1026), Seberang Perai Tengah, Penang

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