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Market Snapshot
ResidentialRM 185,000
RM 391 psfMedian transaction price
Taman Bukit Bendera, 11500 Bukit Bendera, Pulau Pinang, Malaysia
MapsTaman Bukit Bendera in Timur Laut, Penang recorded 1 subsale transactions in 2024, with a median price of RM 185K and a median price per square foot (PSF) of RM 391.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved condominium/apartment, though some variety exists in the market.
For price per square foot, the median is RM 391, with most transactions between RM 391 and RM 391. The usual range is RM 343.62 to RM 437.62, showing that most units are priced quite close to each other. With an IQR of RM 94.00 and MAD of RM 0, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.