KAWASAN JLN PAYA TERUBONG Property Investment Analysis
KAWASAN JLN PAYA TERUBONG in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 800K and a median price per square foot (PSF) of RM 513.
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 800K, with most transactions falling within a stable range of RM 350K to RM 1.25 million, and a typical market range of RM 550K to RM 1.05 million.
Most transactions involved 2 - 2 1/2 storey semi-detached, though some variety exists in the market.
Price per square foot shows a median of RM 513, though individual units vary from RM 282 to RM 744 in the core range. The broader market spans RM 331.00 to RM 695.00, indicating diverse property characteristics. A wider spread (IQR: RM 364.00) and deviation (MAD: RM 231) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
2 - 2 1/2 Storey Semi-Detached |
LORONG RAMBUTAN 3
|
RM 1,250,000
|
RM 744.00
|
1,679 sqft
|
Aug 2024
|
2 - 2 1/2 Storey Semi-Detached |
LORONG RAMBUTAN 2
|
RM 800,000
|
RM 513.00
|
1,561 sqft
|
Jun 2024
|
Low-Cost House |
JLN PAYA TERUBONG
|
RM 250,000
|
RM 16.00
|
15,242 sqft
|
Aug 2023
|