Penang
Timur Laut
18
JALAN MOUNT ERSKINE

JALAN MOUNT ERSKINE

Area Intelligence

2023

Median Price

RM 40,000

PSF: RM 28

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Residential PSF Trends

Median Price

RM 40,000

PSF: RM 28

JALAN MOUNT ERSKINE in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 40K and a median price per square foot (PSF) of RM 28.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved detached, though some variety exists in the market.

For price per square foot, the median is RM 28, with most transactions between RM 28 and RM 28. The usual range is RM 19.63 to RM 36.38, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 16.75 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

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.

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JALAN MOUNT ERSKINE, Timur Laut, Penang

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