JAMBUL HEIGHTS

JAMBUL HEIGHTS in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM 603K and a median price per square foot (PSF) of RM 361.

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 603K, with most transactions falling within a stable range of RM 505K to RM 700K, and a typical market range of RM 554K to RM 651K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 361, with core pricing between RM 298 and RM 423. Market pricing typically extends from RM 328.25 to RM 392.75, reflecting moderate variation in unit pricing. The spread of RM 64.50 (IQR) and deviation of RM 63 (MAD) suggest moderate price variations reflecting different property features.

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.