Penang
Timur Laut
Georgetown
JALAN DATUK KERAMAT

JALAN DATUK KERAMAT

Area Intelligence

2022

Median Price

RM 800,000

PSF: RM 465

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Residential PSF Trends

Median Price

RM 800,000

PSF: RM 465

JALAN DATUK KERAMAT in Timur Laut, Penang recorded 5 subsale transactions in 2022, with a median price of RM 800K and a median price per square foot (PSF) of RM 465.

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 800K, with most transactions falling within a stable range of RM 1.53 million to RM 898K, and a typical market range of RM 1.53 million to RM 1.08 million.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 465, though individual units vary from RM 371 to RM 559 in the core range. The broader market spans RM 342.38 to RM 587.63, indicating diverse property characteristics. The spread of RM 245.25 (IQR) and deviation of RM 94 (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.

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JALAN DATUK KERAMAT, Timur Laut, Penang

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