FLAT MAK MANDIN in Seberang Perai Utara, Penang recorded 8 subsale transactions in 2023, with a median price of RM 80K and a median price per square foot (PSF) of RM 132.
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 80K, with most transactions falling within a stable range of RM 70K to RM 90K, and a typical market range of RM 71K to RM 89K.
Most transactions involved low-cost flat, with minimal variety in property types.
The median PSF stands at RM 132, with core pricing between RM 115 and RM 149. Market pricing typically extends from RM 115.00 to RM 148.00, reflecting moderate variation in unit pricing. With an IQR of RM 33.00 and MAD of RM 17, 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.