BATU KAWAN SME

BATU KAWAN SME in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2023, with a median price of RM 3.18 million and a median price per square foot (PSF) of RM 231.

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

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved semi-detached factory/warehouse, with high diversity across multiple property types.

For price per square foot, the median is RM 231, with most transactions between RM 231 and RM 231. The usual range is RM 164.50 to RM 297.50, showing that most units are priced quite close to each other. With an IQR of RM 133.00 and MAD of RM 0, 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.