R/MURAH KAMPUNG SELAMAT

R/MURAH KAMPUNG SELAMAT in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2023, with a median price of RM 154K and a median price per square foot (PSF) of RM 323.

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 154K, with most transactions falling within a stable range of RM 137K to RM 171K, and a typical market range of RM 138K to RM 171K.

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

The median PSF stands at RM 323, with core pricing between RM 282 and RM 364. Market pricing typically extends from RM 285.00 to RM 360.00, 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. 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.