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 183K to RM 287K, and a typical market range of RM 188K to RM 283K.

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

The median PSF stands at RM 362, with core pricing between RM 311 and RM 413. Market pricing typically extends from RM 336.50 to RM 387.50, reflecting moderate variation in unit pricing. With an IQR of RM 51.00 and MAD of RM 51, 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.