SRI BENDERA

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 909K to RM 1.01 million, and a typical market range of RM 921K to RM 998K.

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

The median PSF stands at RM 443, with core pricing between RM 362 and RM 523. Market pricing typically extends from RM 355.25 to RM 529.75, reflecting moderate variation in unit pricing. The spread of RM 174.50 (IQR) and deviation of RM 81 (MAD) suggest moderate price variations reflecting different property features.

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.