RUMAH MURAH SUNGAI DUA in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2023, with a median price of RM 165K and a median price per square foot (PSF) of RM 222.
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 165K, with most transactions falling within a stable range of RM 155K to RM 175K, and a typical market range of RM 130K to RM 200K.
Most transactions involved cluster house, with minimal variety in property types.
Price per square foot shows a median of RM 222, though individual units vary from RM 168 to RM 276 in the core range. The broader market spans RM 168.50 to RM 275.50, indicating diverse property characteristics. The spread of RM 107.00 (IQR) and deviation of RM 54 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
