CHEE SENG GARDEN

CHEE SENG GARDEN in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 314.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.00 million, with most transactions falling within a stable range of RM 750K to RM 1.25 million, and a typical market range of RM 746K to RM 1.25 million.

Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.

Price per square foot shows a median of RM 314, though individual units vary from RM 237 to RM 392 in the core range. The broader market spans RM 237.50 to RM 390.50, indicating diverse property characteristics. The spread of RM 153.00 (IQR) and deviation of RM 78 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.