SRI PERDANA

SRI PERDANA in Timur Laut, Penang recorded 4 subsale transactions in 2022, with a median price of RM 510K and a median price per square foot (PSF) of RM 608.

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 510K, with most transactions falling within a stable range of RM 455K to RM 565K, and a typical market range of RM 451K to RM 569K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 608, with most transactions between RM 570 and RM 646. The usual range is RM 559.25 to RM 655.75, showing that most units are priced quite close to each other. With an IQR of RM 96.50 and MAD of RM 38, 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.