JADE VIEW in Timur Laut, Penang recorded 20 subsale transactions in 2024, with a median price of RM 299K and a median price per square foot (PSF) of RM 433.
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 299K, with most transactions falling within a stable range of RM 259K to RM 339K, and a typical market range of RM 236K to RM 361K.
Most transactions involved flats, though some variety exists in the market.
For price per square foot, the median is RM 433, with most transactions between RM 394 and RM 473. The usual range is RM 393.63 to RM 472.38, showing that most units are priced quite close to each other. With an IQR of RM 78.75 and MAD of RM 40, 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. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.