R/MURAH JAWI

R/MURAH JAWI in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2021, with a median price of RM 120K and a median price per square foot (PSF) of RM 156.

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 120K, with most transactions falling within a stable range of RM 65K to RM 175K, and a typical market range of RM 100K to RM 140K.

Most transactions involved low-cost house, with minimal variety in property types.

Price per square foot shows a median of RM 156, though individual units vary from RM 118 to RM 194 in the core range. The broader market spans RM 134.50 to RM 177.50, indicating diverse property characteristics. The spread of RM 43.00 (IQR) and deviation of RM 38 (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.