JADE VIEW in Timur Laut, Penang recorded 18 subsale transactions in 2022, with a median price of RM 300K and a median price per square foot (PSF) of RM 416.
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 300K, with most transactions falling within a stable range of RM 234K to RM 300K, and a typical market range of RM 238K to RM 300K.
Most transactions involved flats, though some variety exists in the market.
The median PSF stands at RM 416, with core pricing between RM 372 and RM 460. Market pricing typically extends from RM 376.63 to RM 455.38, reflecting moderate variation in unit pricing. With an IQR of RM 78.75 and MAD of RM 44, 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.