KOMPLEK JALAN KEDAH in Timur Laut, Penang recorded 10 subsale transactions in 2022, with a median price of RM 147K and a median price per square foot (PSF) of RM 255.
This area contains both residential and commercial properties. View 5 residential properties or 10 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 147K, with most transactions falling within a stable range of RM 110K to RM 184K, and a typical market range of RM 121K to RM 172K.
Most transactions involved shop unit/retail lot, though some variety exists in the market.
The median PSF stands at RM 255, with core pricing between RM 214 and RM 296. Market pricing typically extends from RM 214.50 to RM 295.50, reflecting moderate variation in unit pricing. The spread of RM 81.00 (IQR) and deviation of RM 41 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
