TAMAN ALOR VISTA in Timur Laut, Penang recorded 37 subsale transactions in 2022, with a median price of RM 160K and a median price per square foot (PSF) of RM 310.
This area contains both residential and commercial properties. View 83 residential properties or 3 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 160K, with most transactions falling within a stable range of RM 135K to RM 185K, and a typical market range of RM 135K to RM 185K.
Most transactions involved flats, though some variety exists in the market.
The median PSF stands at RM 310, with core pricing between RM 262 and RM 358. Market pricing typically extends from RM 261.50 to RM 358.50, reflecting moderate variation in unit pricing. The spread of RM 97.00 (IQR) and deviation of RM 48 (MAD) suggest moderate price variations reflecting different property features.
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.
