TAMAN ALOR VISTA in Timur Laut, Penang recorded 18 subsale transactions in 2023, with a median price of RM 169K and a median price per square foot (PSF) of RM 327.
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 169K, with most transactions falling within a stable range of RM 144K to RM 194K, and a typical market range of RM 144K to RM 194K.
Most transactions involved flats, though some variety exists in the market.
The median PSF stands at RM 327, with core pricing between RM 279 and RM 375. Market pricing typically extends from RM 278.50 to RM 375.50, reflecting moderate variation in unit pricing. With an IQR of RM 97.00 and MAD of RM 48, 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. Limited transaction history suggests carefully evaluating comparable sales data.
