Penang
Timur Laut
13
BUKIT JAMBUL INDAH

BUKIT JAMBUL INDAH

Area Intelligence

2023

Median Price

RM 400,000

PSF: RM 360

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Residential PSF Trends

Median Price

RM 400,000

PSF: RM 360

BUKIT JAMBUL INDAH in Timur Laut, Penang recorded 23 subsale transactions in 2023, with a median price of RM 400K and a median price per square foot (PSF) of RM 360.

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 355K to RM 280K, and a typical market range of RM 364K to RM 280K.

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

For price per square foot, the median is RM 360, with most transactions between RM 356 and RM 364. The usual range is RM 339.75 to RM 380.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 40.50 and an average deviation (MAD) of RM 4 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. Moderate transaction volume may require patience when buying or selling.

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BUKIT JAMBUL INDAH, Timur Laut, Penang

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