Penang
Timur Laut
Georgetown
JALAN SEMPADAN

JALAN SEMPADAN

Area Intelligence

2022

Median Price

RM 900,000

PSF: RM 739

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Residential PSF Trends

Median Price

RM 900,000

PSF: RM 739

JALAN SEMPADAN in Timur Laut, Penang recorded 1 subsale transactions in 2022, with a median price of RM 900K and a median price per square foot (PSF) of RM 739.

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 900K, with most transactions falling within a stable range of RM 650K to RM 1.15 million, and a typical market range of RM 775K to RM 1.03 million.

Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.

The median PSF stands at RM 739, with core pricing between RM 595 and RM 883. Market pricing typically extends from RM 667.00 to RM 811.00, reflecting moderate variation in unit pricing. The spread of RM 144.00 (IQR) and deviation of RM 144 (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 SEMPADAN, Timur Laut, Penang

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