Penang
Timur Laut
Tanjung Bungah
JALAN BUNGA CEMPA PUTIH

JALAN BUNGA CEMPA PUTIH

Area Intelligence

2022

Median Price

RM 2,869,000

PSF: RM 429

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Residential PSF Trends

Median Price

RM 2,869,000

PSF: RM 429

JALAN BUNGA CEMPA PUTIH in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM 2.87 million and a median price per square foot (PSF) of RM 429.

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 2.87 million, with most transactions falling within a stable range of RM 2.14 million to RM 3.60 million, and a typical market range of RM 2.34 million to RM 3.40 million.

Most transactions involved detached, though some variety exists in the market.

For price per square foot, the median is RM 429, with most transactions between RM 392 and RM 465. The usual range is RM 379.63 to RM 477.38, showing that most units are priced quite close to each other. With an IQR of RM 97.75 and MAD of RM 37, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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JALAN BUNGA CEMPA PUTIH, Timur Laut, Penang

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