PANTAI MIAMI

PANTAI MIAMI in Timur Laut, Penang recorded 20 subsale transactions in 2024, with a median price of RM 513K and a median price per square foot (PSF) of RM 422.

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 513K, with most transactions falling within a stable range of RM 390K to RM 855K, and a typical market range of RM 417K to RM 609K.

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

The median PSF stands at RM 422, with core pricing between RM 359 and RM 485. Market pricing typically extends from RM 376.00 to RM 468.00, reflecting moderate variation in unit pricing. The spread of RM 92.00 (IQR) and deviation of RM 63 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.