KOMPLEK JALAN KEDAH in Timur Laut, Penang recorded 4 subsale transactions in 2023, with a median price of RM 151K and a median price per square foot (PSF) of RM 275.
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 151K, with most transactions falling within a stable range of RM 114K to RM 188K, and a typical market range of RM 125K to RM 177K.
Most transactions involved shop unit/retail lot, though some variety exists in the market.
The median PSF stands at RM 275, with core pricing between RM 234 and RM 316. Market pricing typically extends from RM 234.00 to RM 315.00, reflecting moderate variation in unit pricing. With an IQR of RM 81.00 and MAD of RM 41, the PSF demonstrates reasonable consistency across the market.
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.
