BUKIT JAMBUL INDAH in Timur Laut, Penang recorded 6 subsale transactions in 2023, with a median price of RM 394K and a median price per square foot (PSF) of RM 403.
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 394K, with most transactions falling within a stable range of RM 354K to RM 434K, and a typical market range of RM 358K to RM 430K.
Most transactions involved condominium/apartment, though some variety exists in the market.
For price per square foot, the median is RM 403, with most transactions between RM 383 and RM 423. The usual range is RM 382.25 to RM 422.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 40.50 and an average deviation (MAD) of RM 20 indicate a highly stable PSF trend across properties.
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. Limited transaction history suggests carefully evaluating comparable sales data.