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 222K to RM 282K, and a typical market range of RM 222K to RM 282K.
Most transactions involved flats, though some variety exists in the market.
For price per square foot, the median is RM 306, with most transactions between RM 282 and RM 329. The usual range is RM 279.25 to RM 331.75, showing that most units are priced quite close to each other. With an IQR of RM 52.50 and MAD of RM 24, 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.