KAWASAN JALAN FREE SCHOOL

Area Intelligence
2023
Median Price
RM 306,000
PSF: RM 412

Residential PSF Trends

Median Price

RM 306,000

PSF: RM 412

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 229K to RM 350K, and a typical market range of RM 169K to RM 350K.

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 412 and RM 412. 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 0 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.

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KAWASAN JALAN FREE SCHOOL, Timur Laut, Penang

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Transactions

3 transactions grouped by size

400 sqft
Single Storey Terraced
RM 169,000
JALAN ISMAIL CIK MAT
409 sqft · RM 413 PSF
750 sqft
Single Storey Terraced
RM 306,000
JALAN ISMAIL CIK MAT
743 sqft · RM 412 PSF
850 sqft
Single Storey Terraced
RM 350,000
JALAN ISMAIL CIK MAT
850 sqft · RM 412 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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