Penang
Timur Laut
Georgetown
KAWASAN JALAN SUNGAI PINANG

KAWASAN JALAN SUNGAI PINANG

Area Intelligence

2022

Median Price

RM 4,300,000

PSF: RM 708

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Commercial PSF Trends

Median Price

RM 4,300,000

RM 708 PSF

KAWASAN JALAN SUNGAI PINANG in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM 4.30 million and a median price per square foot (PSF) of RM 708.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 4.30 million, with most transactions falling within a stable range of RM 3.60 million to RM 5.00 million, and a typical market range of RM 3.60 million to RM 5.00 million.

Most transactions involved terraced factory/warehouse, with high diversity across multiple property types.

For price per square foot, the median is RM 708, with most transactions between RM 696 and RM 719. The usual range is RM 570.50 to RM 844.50, showing that most units are priced quite close to each other. With an IQR of RM 274.00 and MAD of RM 12, 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.

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KAWASAN JALAN SUNGAI PINANG, Timur Laut, Penang

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