JALAN ZOO in Timur Laut, Penang recorded 2 subsale transactions in 2024, with a median price of RM 790K and a median price per square foot (PSF) of RM 454.
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 790K, with most transactions falling within a stable range of RM 760K to RM 820K, and a typical market range of RM 714K to RM 866K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 454, with core pricing between RM 405 and RM 503. Market pricing typically extends from RM 377.00 to RM 530.00, reflecting moderate variation in unit pricing. With an IQR of RM 153.00 and MAD of RM 49, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.