Ferringhi Villas
1, Jalan Batu Ferringhi, 11000 Batu Ferringhi, Pulau Pinang, Malaysia
1, Jalan Batu Ferringhi, 11000 Batu Ferringhi, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Jalan Ferringhi Indah 3
|
RM 1,900,000
|
RM 504
|
3,767 sqft
|
|
Bungalow |
|
Jalan Ferringhi Indah 7
|
RM 1,080,000
|
RM 311
|
3,477 sqft
|
|
Bungalow |
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Ferringhi Villas, 1, Jalan Batu Ferringhi, 11000 Batu Ferringhi, Pulau Pinang, Malaysia
MapsFerringhi Villas in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM 1.49 million and a median price per square foot (PSF) of RM 408.
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 1.49 million, with most transactions falling within a stable range of RM 1.08 million to RM 1.90 million, and a typical market range of RM 1.20 million to RM 1.78 million.
Most transactions involved detached, with minimal variety in property types.
Price per square foot shows a median of RM 408, though individual units vary from RM 311 to RM 504 in the core range. The broader market spans RM 323.02 to RM 492.02, indicating diverse property characteristics. The spread of RM 169.00 (IQR) and deviation of RM 97 (MAD) suggest moderate price variations reflecting different property features.
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.