LAHAT COURT

Area Intelligence

2023

Median Price

RM 378,000

PSF: RM 495

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Residential PSF Trends

Median Price

RM 378,000

PSF: RM 495

LAHAT COURT in Timur Laut, Penang recorded 3 subsale transactions in 2023, with a median price of RM 378K and a median price per square foot (PSF) of RM 495.

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 378K, with most transactions falling within a stable range of RM 365K to RM 392K, and a typical market range of RM 365K to RM 397K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 495, with most transactions between RM 476 and RM 514. The usual range is RM 470.00 to RM 520.00, showing that most units are priced quite close to each other. With an IQR of RM 50.00 and MAD of RM 19, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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LAHAT COURT, Timur Laut, Penang

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