R/MURAH KAMPUNG SELAMAT

Area Intelligence
2024
Median Price
RM 120,000
PSF: RM 248

Residential PSF Trends

Median Price

RM 120,000

PSF: RM 248

R/MURAH KAMPUNG SELAMAT in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2024, with a median price of RM 120K and a median price per square foot (PSF) of RM 248.

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 120K, with most transactions falling within a stable range of RM 103K to RM 137K, and a typical market range of RM 104K to RM 137K.

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

The median PSF stands at RM 248, with core pricing between RM 207 and RM 289. Market pricing typically extends from RM 210.50 to RM 285.50, reflecting moderate variation in unit pricing. The spread of RM 75.00 (IQR) and deviation of RM 41 (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. 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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R/MURAH KAMPUNG SELAMAT, Seberang Perai Utara, Penang

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