FLAT UDA

FLAT UDA in Timur Laut, Penang recorded 7 subsale transactions in 2022, with a median price of RM 117K and a median price per square foot (PSF) of RM 175.

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 117K, with most transactions falling within a stable range of RM 89K to RM 145K, and a typical market range of RM 103K to RM 131K.

Most transactions involved low-cost flat, though some variety exists in the market.

Price per square foot shows a median of RM 175, though individual units vary from RM 121 to RM 229 in the core range. The broader market spans RM 147.88 to RM 202.13, indicating diverse property characteristics. A wider spread (IQR: RM 54.25) and deviation (MAD: RM 54) indicate significant PSF variations, likely due to diverse property types or conditions.

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.