SUN MOON CITY

SUN MOON CITY in Timur Laut, Penang recorded 8 subsale transactions in 2022, with a median price of RM 153K and a median price per square foot (PSF) of RM 229.

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 153K, with most transactions falling within a stable range of RM 123K to RM 183K, and a typical market range of RM 123K to RM 183K.

Most transactions involved flats, with minimal variety in property types.

Price per square foot shows a median of RM 229, though individual units vary from RM 183 to RM 275 in the core range. The broader market spans RM 185.00 to RM 272.00, indicating diverse property characteristics. The spread of RM 87.00 (IQR) and deviation of RM 46 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.