SRI SAUJANA-MACALLUM in Timur Laut, Penang recorded 36 subsale transactions in 2023, with a median price of RM 240K and a median price per square foot (PSF) of RM 382.
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 240K, with most transactions falling within a stable range of RM 210K to RM 270K, and a typical market range of RM 205K to RM 275K.
Most transactions involved low-cost flat, with minimal variety in property types.
The median PSF stands at RM 382, with core pricing between RM 335 and RM 429. Market pricing typically extends from RM 335.13 to RM 428.88, 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. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.