SRI SAUJANA-MACALLUM in Timur Laut, Penang recorded 54 subsale transactions in 2022, with a median price of RM 258K and a median price per square foot (PSF) of RM 399.
This area contains both residential and commercial properties. View 140 residential properties or 2 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 258K, with most transactions falling within a stable range of RM 228K to RM 288K, and a typical market range of RM 223K to RM 293K.
Most transactions involved low-cost flat, with minimal variety in property types.
The median PSF stands at RM 399, with core pricing between RM 352 and RM 446. Market pricing typically extends from RM 352.13 to RM 445.88, reflecting moderate variation in unit pricing. With an IQR of RM 93.75 and MAD of RM 47, 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. Moderate transaction volume may require patience when buying or selling.
