JADE VIEW in Timur Laut, Penang recorded 20 subsale transactions in 2024, with a median price of RM 299K and a median price per square foot (PSF) of RM 433.
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 299K, with most transactions falling within a stable range of RM 254K to RM 277K, and a typical market range of RM 236K to RM 277K.
Most transactions involved flats, though some variety exists in the market.
The median PSF stands at RM 433, with core pricing between RM 386 and RM 480. Market pricing typically extends from RM 393.63 to RM 472.38, reflecting moderate variation in unit pricing. With an IQR of RM 78.75 and MAD of RM 47, 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. Moderate transaction volume may require patience when buying or selling.