Penang
Timur Laut
13
HALAMAN KENANGA

HALAMAN KENANGA

Area Intelligence

2022

Median Price

RM 260,500

PSF: RM 373

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Residential PSF Trends

Median Price

RM 260,500

PSF: RM 373

HALAMAN KENANGA in Timur Laut, Penang recorded 16 subsale transactions in 2022, with a median price of RM 261K and a median price per square foot (PSF) of RM 373.

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 261K, with most transactions falling within a stable range of RM 241K to RM 281K, and a typical market range of RM 241K to RM 281K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 373, with most transactions between RM 346 and RM 399. The usual range is RM 346.75 to RM 398.25, showing that most units are priced quite close to each other. With an IQR of RM 51.50 and MAD of RM 27, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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HALAMAN KENANGA, Timur Laut, Penang

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