SANDI LAND CONDOMINIUM in Timur Laut, Penang recorded 18 subsale transactions in 2024, with a median price of RM 845K and a median price per square foot (PSF) of RM 626.
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 845K, with most transactions falling within a stable range of RM 780K to RM 910K, and a typical market range of RM 609K to RM 1.08 million.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 626, with most transactions between RM 591 and RM 661. The usual range is RM 593.25 to RM 658.75, showing that most units are priced quite close to each other. With an IQR of RM 65.50 and MAD of RM 35, 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.
