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 218K to RM 350K, and a typical market range of RM 236K to RM 350K.
Most transactions involved flats, though some variety exists in the market.
The median PSF stands at RM 433, with core pricing between RM 368 and RM 498. Market pricing typically extends from RM 393.63 to RM 472.38, reflecting moderate variation in unit pricing. With an IQR of RM 78.75 and MAD of RM 65, 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. Moderate transaction volume may require patience when buying or selling.
