PECAHAN LOT 1016

PECAHAN LOT 1016 in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2021, with a median price of RM 600K and a median price per square foot (PSF) of RM 274.

This area consists exclusively of commercial properties, with no residential listings recorded.

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

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

For price per square foot, the median is RM 274, with most transactions between RM 273 and RM 275. The usual range is RM 204.25 to RM 343.75, showing that most units are priced quite close to each other. With an IQR of RM 139.50 and MAD of RM 1, the PSF demonstrates reasonable consistency across the market.

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.