Penang
Timur Laut
18
JALAN MOUNT ERSKINE

JALAN MOUNT ERSKINE

Area Intelligence

2023

Median Price

RM 25,000

PSF: RM 12

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Residential PSF Trends

Median Price

RM 25,000

PSF: RM 12

JALAN MOUNT ERSKINE in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 25K and a median price per square foot (PSF) of RM 12.

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 12, with most transactions between RM 12 and RM 12. The usual range is RM 3.63 to RM 20.38, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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JALAN MOUNT ERSKINE, Timur Laut, Penang

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