Penang
Timur Laut
13
SRI BUKIT JAMBUL

SRI BUKIT JAMBUL

Area Intelligence

2022

Median Price

RM 310,000

PSF: RM 443

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Residential PSF Trends

Median Price

RM 310,000

PSF: RM 443

SRI BUKIT JAMBUL in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM 310K and a median price per square foot (PSF) of RM 443.

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 310K, with most transactions falling within a stable range of RM 305K to RM 315K, and a typical market range of RM 305K to RM 315K.

Most transactions involved flats, though some variety exists in the market.

For price per square foot, the median is RM 443, with most transactions between RM 436 and RM 450. The usual range is RM 428.88 to RM 457.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 28.25 and an average deviation (MAD) of RM 7 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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SRI BUKIT JAMBUL, Timur Laut, Penang

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