WOODSBURY SUITES

WOODSBURY SUITES in Seberang Perai Utara, Penang recorded 9 subsale transactions in 2023, with a median price of RM 400K and a median price per square foot (PSF) of RM 488.

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 400K, with most transactions falling within a stable range of RM 324K to RM 476K, and a typical market range of RM 360K to RM 440K.

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

The median PSF stands at RM 488, with core pricing between RM 431 and RM 545. Market pricing typically extends from RM 438.75 to RM 537.25, reflecting moderate variation in unit pricing. With an IQR of RM 98.50 and MAD of RM 57, 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.