VILLA KEJORA

VILLA KEJORA in Timur Laut, Penang recorded 11 subsale transactions in 2023, with a median price of RM 235K and a median price per square foot (PSF) of RM 362.

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 235K, with most transactions falling within a stable range of RM 175K to RM 295K, and a typical market range of RM 188K to RM 283K.

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

For price per square foot, the median is RM 362, with most transactions between RM 331 and RM 393. The usual range is RM 336.50 to RM 387.50, showing that most units are priced quite close to each other. With an IQR of RM 51.00 and MAD of RM 31, the PSF demonstrates reasonable consistency across the market.

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.