JALAN BELL

Area Intelligence

2021

Median Price

RM 11,000,000

PSF: RM 708

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Residential PSF Trends

Median Price

RM 11,000,000

PSF: RM 708

JALAN BELL in Timur Laut, Penang recorded 1 subsale transactions in 2021, with a median price of RM 11.00 million and a median price per square foot (PSF) of RM 708.

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 detached, with minimal variety in property types.

For price per square foot, the median is RM 708, with most transactions between RM 708 and RM 708. The usual range is RM 649.25 to RM 766.75, showing that most units are priced quite close to each other. With an IQR of RM 117.50 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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JALAN BELL, Timur Laut, Penang

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