WISMA SRI MATA

WISMA SRI MATA in Timur Laut, Penang recorded 1 subsale transactions in 2022, with a median price of RM 280K and a median price per square foot (PSF) of RM 239.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 280K, with most transactions falling within a stable range of RM 250K to RM 310K, and a typical market range of RM 151K to RM 409K.

Most transactions involved office lot, with minimal variety in property types.

For price per square foot, the median is RM 239, with most transactions between RM 231 and RM 248. The usual range is RM 186.25 to RM 291.75, showing that most units are priced quite close to each other. With an IQR of RM 105.50 and MAD of RM 9, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.