PINANG COURT in Timur Laut, Penang recorded 5 subsale transactions in 2024, with a median price of RM 290K and a median price per square foot (PSF) of RM 449.
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 290K, with most transactions falling within a stable range of RM 260K to RM 320K, and a typical market range of RM 258K to RM 323K.
Most transactions involved flats, though some variety exists in the market.
For price per square foot, the median is RM 449, with most transactions between RM 410 and RM 488. The usual range is RM 411.50 to RM 486.50, showing that most units are priced quite close to each other. With an IQR of RM 75.00 and MAD of RM 39, 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.