B.J COURT in Timur Laut, Penang recorded 27 subsale transactions in 2023, with a median price of RM 230K and a median price per square foot (PSF) of RM 340.
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 230K, with most transactions falling within a stable range of RM 203K to RM 258K, and a typical market range of RM 204K to RM 256K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM 340, with most transactions between RM 314 and RM 366. The usual range is RM 302.25 to RM 377.75, showing that most units are priced quite close to each other. With an IQR of RM 75.50 and MAD of RM 26, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.