PANGSAPURI MAWAR in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2021, with a median price of RM 175K and a median price per square foot (PSF) of RM 267.
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 175K, with most transactions falling within a stable range of RM 124K to RM 227K, and a typical market range of RM 127K to RM 223K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 267, with core pricing between RM 239 and RM 295. Market pricing typically extends from RM 241.13 to RM 291.88, reflecting moderate variation in unit pricing. With an IQR of RM 50.75 and MAD of RM 28, the PSF demonstrates reasonable consistency across the market.
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.