Area Intelligence

KAMPUNG BARU PERMATANG TINGGI

2 properties
2023
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Median Price
RM 230,000
PSF: RM 54

Residential Market

Median Price

RM 230,000

IQR: RM 9
MAD: RM 5
RM 54 PSF 6.5%

PSF Trends (2021-2025)

KAMPUNG BARU PERMATANG TINGGI in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2023, with a median price of RM 230K and a median price per square foot (PSF) of RM 54.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 230K, with most transactions falling within a stable range of RM 210K to RM 250K, and a typical market range of RM 220K to RM 240K.

Most transactions involved detached, with minimal variety in property types.

The median PSF stands at RM 54, with core pricing between RM 45 and RM 62. Market pricing typically extends from RM 49.25 to RM 57.75, reflecting moderate variation in unit pricing. The spread of RM 8.50 (IQR) and deviation of RM 9 (MAD) suggest moderate price variations reflecting different property features.

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.

Area Location

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KAMPUNG BARU PERMATANG TINGGI, Seberang Perai Tengah, Penang

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Transactions

2 properties grouped by size

4,000 sqft
1 units Detached
RM 250,000
JALAN GEREJA
4,003 sqft · RM 62.00 PSF
Jul 2023
4,700 sqft
1 units Detached
RM 210,000
JALAN BESAR
4,707 sqft · RM 45.00 PSF
Oct 2023