HALAMAN DAMAI (BLOK C)

HALAMAN DAMAI (BLOK C) in Timur Laut, Penang recorded 1 subsale transactions in 2022, with a median price of RM 120K and a median price per square foot (PSF) of RM 237.

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 120K, with most transactions falling within a stable range of RM 98K to RM 143K, and a typical market range of RM 93K to RM 147K.

Most transactions involved low-cost flat, with minimal variety in property types.

The median PSF stands at RM 237, with core pricing between RM 193 and RM 282. Market pricing typically extends from RM 183.38 to RM 290.63, reflecting moderate variation in unit pricing. The spread of RM 107.25 (IQR) and deviation of RM 45 (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.