Penang
Timur Laut
Ayer Itam
KAWASAN CHOR SIN KHENG

KAWASAN CHOR SIN KHENG

Area Intelligence

2022

Median Price

RM 670,000

PSF: RM 450

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Residential PSF Trends

Median Price

RM 670,000

PSF: RM 450

KAWASAN CHOR SIN KHENG in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM 670K and a median price per square foot (PSF) of RM 450.

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 670K, with most transactions falling within a stable range of RM 650K to RM 690K, and a typical market range of RM 650K to RM 690K.

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 450, with most transactions between RM 439 and RM 460. The usual range is RM 430.00 to RM 469.00, 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 11 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.

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KAWASAN CHOR SIN KHENG, Timur Laut, Penang

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