TMN BAKAWALI

TMN BAKAWALI in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2023, with a median price of RM 189K and a median price per square foot (PSF) of RM 172.

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 189K, with most transactions falling within a stable range of RM 107K to RM 270K, and a typical market range of RM 164K to RM 213K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

Price per square foot shows a median of RM 172, though individual units vary from RM 97 to RM 246 in the core range. The broader market spans RM 149.50 to RM 193.50, indicating diverse property characteristics. A wider spread (IQR: RM 44.00) and deviation (MAD: RM 75) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.