NORTH MALAYA CREDIT

Area Intelligence

Median Price

RM 604,000

PSF: RM 358

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NORTH MALAYA CREDIT in Seberang Perai Utara, Penang recorded 2 subsale transactions between 2021 and 2025, sized between 1,000 and 3,000 sqft, with a median price of RM 604K and a median price per square foot (PSF) of RM 358.

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 604K, with most transactions falling within a stable range of RM 468K to RM 740K, and a typical market range of RM 536K to RM 672K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

Price per square foot shows a median of RM 358, though individual units vary from RM 273 to RM 444 in the core range. The broader market spans RM 347.99 to RM 368.99, indicating diverse property characteristics. The spread of RM 21.00 (IQR) and deviation of RM 85 (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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NORTH MALAYA CREDIT, Seberang Perai Utara, Penang

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