Pecahan Lot 796 in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2023, with a median price of RM338K and a median price per square foot (PSF) of RM165.

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 RM338K, with most transactions falling within a stable range of RM275K to RM400K, and a typical market range of RM306K to RM369K.

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

The median PSF stands at RM165, with core pricing between RM137 and RM194. Market pricing typically extends from RM151.20 to RM179.70, reflecting moderate variation in unit pricing. The spread of RM28.50 (IQR) and deviation of RM28 (MAD) suggest moderate price variations reflecting different property features.

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.