|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2021 | |||||
|
Lorong Permatang Sintok 2
|
RM 370,000
|
RM 271
|
1,367 sqft
|
|
2-Sty Terrace |
|
Lorong Sintuk 2
|
RM 340,000
|
RM 249
|
1,367 sqft
|
|
2-Sty Terrace |
|
Level 4
|
RM 175,000
|
RM 220
|
797 sqft
|
|
Flat |
|
Level 2
|
RM 184,000
|
RM 231
|
797 sqft
|
|
Flat |
|
Level G
|
RM 170,000
|
RM 213
|
797 sqft
|
|
Flat |
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Market Snapshot
ResidentialRM 184,000
RM 231 psfMedian transaction price
Taman Permatang Sintuk, 13100 Penaga, Pulau Pinang, Malaysia
MapsTaman Permatang Sintok in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2021, with a median price of RM 184K and a median price per square foot (PSF) of RM 231.
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 184K, with most transactions falling within a stable range of RM 170K to RM 272K, and a typical market range of RM 170K to RM 218K.
Most transactions involved flats, with moderate diversity in property types available.
For price per square foot, the median is RM 231, with most transactions between RM 210 and RM 252. The usual range is RM 207.75 to RM 254.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 46.50 and an average deviation (MAD) of RM 21 indicate a highly stable PSF trend across properties.
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.