Penang
Seberang Perai Tengah
13
KAW P'HAAN RINGAN JURU(1025 & 1026)

KAW P'HAAN RINGAN JURU(1025 & 1026)

Area Intelligence

2022

Median Price

RM 2,950,000

PSF: RM 247

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Commercial PSF Trends

Median Price

RM 2,950,000

RM 247 PSF

KAW P'HAAN RINGAN JURU(1025 & 1026) in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2022, with a median price of RM 2.95 million and a median price per square foot (PSF) of RM 247.

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 2.95 million, with most transactions falling within a stable range of RM 2.66 million to RM 3.24 million, and a typical market range of RM 2.51 million to RM 3.40 million.

Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.

For price per square foot, the median is RM 247, with most transactions between RM 236 and RM 258. The usual range is RM 238.00 to RM 256.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 18.00 and an average deviation (MAD) of RM 11 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. Moderate price stability provides a balanced market for both buyers and sellers. 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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