JALAN P. RAMLEE

JALAN P. RAMLEE in Timur Laut, Penang recorded 1 subsale transactions in 2024, with a median price of RM 880K and a median price per square foot (PSF) of RM 702.

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 880K, with most transactions falling within a stable range of RM 722K to RM 1.04 million, and a typical market range of RM 761K to RM 999K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 702, with most transactions between RM 657 and RM 747. The usual range is RM 562.50 to RM 841.50, showing that most units are priced quite close to each other. With an IQR of RM 279.00 and MAD of RM 45, 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.