PDC R/PANGSA SUNGAI PINANG (SERENDAH)

Area Intelligence
2023
Median Price
RM 132,500
PSF: RM 257

Residential PSF Trends

Median Price

RM 132,500

PSF: RM 257

PDC R/PANGSA SUNGAI PINANG (SERENDAH) in Timur Laut, Penang recorded 6 subsale transactions in 2023, with a median price of RM 133K and a median price per square foot (PSF) of RM 257.

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 133K, with most transactions falling within a stable range of RM 81K to RM 184K, and a typical market range of RM 77K to RM 189K.

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

The median PSF stands at RM 257, with core pricing between RM 211 and RM 302. Market pricing typically extends from RM 201.00 to RM 312.00, reflecting moderate variation in unit pricing. The spread of RM 111.00 (IQR) and deviation of RM 46 (MAD) suggest moderate price variations reflecting different property features.

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.

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PDC R/PANGSA SUNGAI PINANG (SERENDAH), Timur Laut, Penang

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Transactions

6 transactions grouped by size

250 sqft
Low-Cost Flat
RM 50,000
Level 4
269 sqft · RM 186 PSF
500 sqft
Low-Cost Flat
RM 120,000
Level 1
517 sqft · RM 232 PSF
RM 135,000
Level 3
517 sqft · RM 261 PSF
RM 130,000
Level 3
517 sqft · RM 252 PSF
650 sqft
Low-Cost Flat
RM 210,000
Level 4
635 sqft · RM 331 PSF
RM 186,000
Level 3
635 sqft · RM 293 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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