TAMAN BUKIT BENDERA

TAMAN BUKIT BENDERA in Timur Laut, Penang recorded 5 subsale transactions in 2022, with a median price of RM 380K and a median price per square foot (PSF) of RM 453.

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 380K, with most transactions falling within a stable range of RM 380K to RM 408K, and a typical market range of RM 380K to RM 440K.

Most transactions involved condominium/apartment, though some variety exists in the market.

For price per square foot, the median is RM 453, with most transactions between RM 420 and RM 486. The usual range is RM 409.25 to RM 496.75, showing that most units are priced quite close to each other. With an IQR of RM 87.50 and MAD of RM 33, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.