KAW P'HAAN PRAI(NFTZ)

KAW P'HAAN PRAI(NFTZ) in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2023, with a median price of RM 4.00 million and a median price per square foot (PSF) of RM 91.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 4.00 million, with most transactions falling within a stable range of RM 3.80 million to RM 7.49 million, and a typical market range of RM 3.80 million to RM 7.06 million.

Most transactions involved detached factory/warehouse, with minimal variety in property types.

For price per square foot, the median is RM 91, with most transactions between RM 85 and RM 96. The usual range is RM 70.63 to RM 110.38, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 39.75 and an average deviation (MAD) of RM 6 indicate a highly stable PSF trend across properties.

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.