JIRAN RESIDENSI

JIRAN RESIDENSI in Seberang Perai Utara, Penang recorded 17 subsale transactions in 2024, with a median price of RM 250K and a median price per square foot (PSF) of RM 275.

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 250K, with most transactions falling within a stable range of RM 223K to RM 275K, and a typical market range of RM 223K to RM 275K.

Most transactions involved flats, though some variety exists in the market.

For price per square foot, the median is RM 275, with most transactions between RM 257 and RM 293. The usual range is RM 262.50 to RM 287.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 25.00 and an average deviation (MAD) of RM 18 indicate a highly stable PSF trend across properties.

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.