URBAN SUITES @ JELUTONG in Timur Laut, Penang recorded 0 subsale transactions in 2022, with a median price of RM 600K and a median price per square foot (PSF) of RM 778.
This area contains both residential and commercial properties. View 10 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 600K, with most transactions falling within a stable range of RM 515K to RM 685K, and a typical market range of RM 535K to RM 665K.
Most transactions involved service apartment, with moderate diversity in property types available.
For price per square foot, the median is RM 778, with most transactions between RM 719 and RM 837. The usual range is RM 735.00 to RM 821.00, showing that most units are priced quite close to each other. With an IQR of RM 86.00 and MAD of RM 59, 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. Limited transaction history suggests carefully evaluating comparable sales data.
