Penang
Timur Laut
Ayer Itam
SRI BENDERA

SRI BENDERA

Area Intelligence

2022

Median Price

RM 959,000

PSF: RM 443

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Residential PSF Trends

Median Price

RM 959,000

PSF: RM 443

SRI BENDERA in Timur Laut, Penang recorded 4 subsale transactions in 2022, with a median price of RM 959K and a median price per square foot (PSF) of RM 443.

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 959K, with most transactions falling within a stable range of RM 902K to RM 988K, and a typical market range of RM 921K to RM 988K.

Most transactions involved town house, with minimal variety in property types.

For price per square foot, the median is RM 443, with most transactions between RM 415 and RM 470. The usual range is RM 355.25 to RM 529.75, showing that most units are priced quite close to each other. With an IQR of RM 174.50 and MAD of RM 28, 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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SRI BENDERA, Timur Laut, Penang

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