TAMAN BUKIT JAMBUL in Timur Laut, Penang recorded 28 subsale transactions in 2023, with a median price of RM 252K and a median price per square foot (PSF) of RM 306.
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 252K, with most transactions falling within a stable range of RM 213K to RM 290K, and a typical market range of RM 222K to RM 282K.
Most transactions involved flats, though some variety exists in the market.
The median PSF stands at RM 306, with core pricing between RM 264 and RM 347. Market pricing typically extends from RM 279.25 to RM 331.75, reflecting moderate variation in unit pricing. With an IQR of RM 52.50 and MAD of RM 42, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.