TAMAN BL HILL (BL AVENUE) in Timur Laut, Penang recorded 5 subsale transactions in 2024, with a median price of RM 380K and a median price per square foot (PSF) of RM 523.
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 380K, with most transactions falling within a stable range of RM 323K to RM 437K, and a typical market range of RM 324K to RM 436K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM 523, with most transactions between RM 502 and RM 544. The usual range is RM 500.00 to RM 546.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 46.00 and an average deviation (MAD) of RM 21 indicate a highly stable PSF trend across properties.
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.