Penang
Timur Laut
13
SRI BUKIT JAMBUL

SRI BUKIT JAMBUL

Area Intelligence

2022

Median Price

RM 315,000

PSF: RM 450

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Residential PSF Trends

Median Price

RM 315,000

PSF: RM 450

SRI BUKIT JAMBUL in Timur Laut, Penang recorded 3 subsale transactions in 2022, with a median price of RM 315K and a median price per square foot (PSF) of RM 450.

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 315K, with most transactions falling within a stable range of RM 305K to RM 617K, and a typical market range of RM 305K to RM 325K.

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

Price per square foot shows a median of RM 450, though individual units vary from RM 306 to RM 594 in the core range. The broader market spans RM 435.88 to RM 464.13, indicating diverse property characteristics. A wider spread (IQR: RM 28.25) and deviation (MAD: RM 144) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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SRI BUKIT JAMBUL, Timur Laut, Penang

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