MENARA KUDA LARI

MENARA KUDA LARI in Timur Laut, Penang recorded 3 subsale transactions in 2023, with a median price of RM 370K and a median price per square foot (PSF) of RM 465.

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 370K, with most transactions falling within a stable range of RM 334K to RM 406K, and a typical market range of RM 340K to RM 400K.

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

For price per square foot, the median is RM 465, with most transactions between RM 420 and RM 510. The usual range is RM 427.50 to RM 502.50, showing that most units are priced quite close to each other. With an IQR of RM 75.00 and MAD of RM 45, 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.