PINANG COURT in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 235K and a median price per square foot (PSF) of RM 364.
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 235K, with most transactions falling within a stable range of RM 205K to RM 265K, and a typical market range of RM 203K to RM 268K.
Most transactions involved flats, though some variety exists in the market.
The median PSF stands at RM 364, with core pricing between RM 325 and RM 403. Market pricing typically extends from RM 326.50 to RM 401.50, reflecting moderate variation in unit pricing. 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.