R/MURAH KAMPUNG SELAMAT

R/MURAH KAMPUNG SELAMAT in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2022, with a median price of RM 139K and a median price per square foot (PSF) of RM 294.

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 139K, with most transactions falling within a stable range of RM 122K to RM 156K, and a typical market range of RM 123K to RM 156K.

Most transactions involved low-cost house, with minimal variety in property types.

The median PSF stands at RM 294, with core pricing between RM 253 and RM 335. Market pricing typically extends from RM 256.00 to RM 331.00, reflecting moderate variation in unit pricing. With an IQR of RM 75.00 and MAD of RM 41, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.