Penang
Timur Laut
Georgetown
JALAN MUNSHI ABDULLAH

JALAN MUNSHI ABDULLAH

Area Intelligence

2022

Median Price

RM 845,000

PSF: RM 579

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Residential PSF Trends

Median Price

RM 845,000

PSF: RM 579

JALAN MUNSHI ABDULLAH in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM 845K and a median price per square foot (PSF) of RM 579.

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 845K, with most transactions falling within a stable range of RM 795K to RM 895K, and a typical market range of RM 788K to RM 903K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 579, with most transactions between RM 544 and RM 614. The usual range is RM 561.00 to RM 597.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 36.00 and an average deviation (MAD) of RM 35 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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JALAN MUNSHI ABDULLAH, Timur Laut, Penang

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