KAWASAN JALAN FREE SCHOOL

KAWASAN JALAN FREE SCHOOL in Timur Laut, Penang recorded 3 subsale transactions in 2023, with a median price of RM 306K and a median price per square foot (PSF) of RM 412.

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 306K, with most transactions falling within a stable range of RM 114K to RM 499K, and a typical market range of RM -284,500 to RM 897K.

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

For price per square foot, the median is RM 412, with most transactions between RM 402 and RM 423. The usual range is RM 399.50 to RM 424.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 25.00 and an average deviation (MAD) of RM 11 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.