Penang
Seberang Perai Utara
12
R/MURAH KAMPUNG SELAMAT

R/MURAH KAMPUNG SELAMAT

Area Intelligence

2023

Median Price

RM 154,000

PSF: RM 323

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Residential PSF Trends

Median Price

RM 154,000

PSF: RM 323

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 108K to RM 200K, and a typical market range of RM 138K to RM 171K.

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

Price per square foot shows a median of RM 323, though individual units vary from RM 223 to RM 422 in the core range. The broader market spans RM 285.00 to RM 360.00, indicating diverse property characteristics. A wider spread (IQR: RM 75.00) and deviation (MAD: RM 100) indicate significant PSF variations, likely due to diverse property types or conditions.

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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