KAWASAN CHOR SIN KHENG

KAWASAN CHOR SIN KHENG in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM 812K and a median price per square foot (PSF) of RM 401.

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 812K, with most transactions falling within a stable range of RM 702K to RM 922K, and a typical market range of RM 708K to RM 916K.

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 401, with most transactions between RM 376 and RM 426. The usual range is RM 381.00 to RM 420.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 39.00 and an average deviation (MAD) of RM 25 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.