KOMPLEKS BM CITY

KOMPLEKS BM CITY in Seberang Perai Tengah, Penang recorded 16 subsale transactions in 2023, with a median price of RM 415K and a median price per square foot (PSF) of RM 304.

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 415K, with most transactions falling within a stable range of RM 340K to RM 490K, and a typical market range of RM 352K to RM 478K.

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

The median PSF stands at RM 304, with core pricing between RM 250 and RM 358. Market pricing typically extends from RM 277.38 to RM 330.63, reflecting moderate variation in unit pricing. The spread of RM 53.25 (IQR) and deviation of RM 54 (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.