Area Intelligence

KAMPUNG SELAMAT

1 properties
2024
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Median Price
RM 7,000,000
PSF: RM 51

Commercial Market

Median Price

RM 7,000,000

RM 51 PSF

PSF Trends (2021-2025)

KAMPUNG SELAMAT in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2024, with a median price of RM 7.00 million and a median price per square foot (PSF) of RM 51.

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

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

For price per square foot, the median is RM 51, with most transactions between RM 51 and RM 51. The usual range is RM 47.50 to RM 54.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 7.00 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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KAMPUNG SELAMAT, Seberang Perai Utara, Penang

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Transactions

1 properties grouped by size

137,450 sqft
1 units Detached Factory
RM 7,000,000
JALAN KAMPUNG BARU
137,455 sqft · RM 51.00 PSF
May 2024