Penang
Timur Laut
18
JALAN MOUNT ERSKINE

JALAN MOUNT ERSKINE

Area Intelligence

2024

Median Price

RM 55,000

PSF: RM 44

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Residential PSF Trends

Median Price

RM 55,000

PSF: RM 44

JALAN MOUNT ERSKINE in Timur Laut, Penang recorded 2 subsale transactions in 2024, with a median price of RM 55K and a median price per square foot (PSF) of RM 44.

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 55K, with most transactions falling within a stable range of RM 40K to RM 70K, and a typical market range of RM 40K to RM 70K.

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

The median PSF stands at RM 44, with core pricing between RM 37 and RM 50. Market pricing typically extends from RM 35.13 to RM 51.88, reflecting moderate variation in unit pricing. With an IQR of RM 16.75 and MAD of RM 7, 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.

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JALAN MOUNT ERSKINE, Timur Laut, Penang

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