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

KAW P'HAAN RINGAN JURU(1025 & 1026)

Area Intelligence

2024

Median Price

RM 892,500

PSF: RM 465

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Commercial PSF Trends

Median Price

RM 892,500

RM 465 PSF

KAW P'HAAN RINGAN JURU(1025 & 1026) in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2024, with a median price of RM 893K and a median price per square foot (PSF) of RM 465.

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 893K, with most transactions falling within a stable range of RM 885K to RM 900K, and a typical market range of RM 885K to RM 900K.

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

For price per square foot, the median is RM 465, with most transactions between RM 459 and RM 470. The usual range is RM 401.00 to RM 528.00, showing that most units are priced quite close to each other. With an IQR of RM 127.00 and MAD of RM 6, 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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