KOMPLEKS SRI WONDER

KOMPLEKS SRI WONDER in Timur Laut, Penang recorded 3 subsale transactions in 2022, with a median price of RM 155K and a median price per square foot (PSF) of RM 374.

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 155K, with most transactions falling within a stable range of RM 135K to RM 175K, and a typical market range of RM 39K to RM 272K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

For price per square foot, the median is RM 374, with most transactions between RM 359 and RM 389. The usual range is RM 351.25 to RM 396.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 45.50 and an average deviation (MAD) of RM 15 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.