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Market Snapshot
ResidentialRM 235,000
RM 358 psfMedian transaction price
Rumah Pangsa Mppp in Timur Laut, Penang recorded 0 subsale transactions in 2024, with a median price of RM 235K and a median price per square foot (PSF) of RM 358.
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 235K, with most transactions falling within a stable range of RM 230K to RM 240K, and a typical market range of RM 233K to RM 238K.
Most transactions involved flats, with moderate diversity in property types available.
For price per square foot, the median is RM 358, with most transactions between RM 350 and RM 366. The usual range is RM 354.00 to RM 362.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 8.00 and an average deviation (MAD) of RM 8 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.