JALAN ZOO

Area Intelligence

2024

Median Price

RM 790,000

PSF: RM 454

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Residential PSF Trends

Median Price

RM 790,000

PSF: RM 454

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 780K to RM 800K, and a typical market range of RM 780K to RM 800K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 454, with most transactions between RM 449 and RM 458. The usual range is RM 377.00 to RM 530.00, showing that most units are priced quite close to each other. With an IQR of RM 153.00 and MAD of RM 5, 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.

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JALAN ZOO, Timur Laut, Penang

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