PDC R/PANGSA SUNGAI PINANG (SERENDAH)

PDC R/PANGSA SUNGAI PINANG (SERENDAH) in Timur Laut, Penang recorded 1 subsale transactions in 2021, with a median price of RM 270K and a median price per square foot (PSF) of RM 425.

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 270K, with most transactions falling within a stable range of RM 205K to RM 336K, and a typical market range of RM 214K to RM 326K.

Most transactions involved low-cost flat, with minimal variety in property types.

The median PSF stands at RM 425, with core pricing between RM 363 and RM 487. Market pricing typically extends from RM 369.50 to RM 480.50, reflecting moderate variation in unit pricing. With an IQR of RM 111.00 and MAD of RM 62, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.