KAW P'HAAN PRAI(NFTZ)

KAW P'HAAN PRAI(NFTZ) in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2021, with a median price of RM 8.00 million and a median price per square foot (PSF) of RM 126.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 8.00 million, with most transactions falling within a stable range of RM 5.52 million to RM 12.10 million, and a typical market range of RM 5.52 million to RM 11.06 million.

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

Price per square foot shows a median of RM 126, though individual units vary from RM 96 to RM 156 in the core range. The broader market spans RM 106.13 to RM 145.88, indicating diverse property characteristics. The spread of RM 39.75 (IQR) and deviation of RM 30 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.