JIRAN RESIDENSI

JIRAN RESIDENSI in Seberang Perai Utara, Penang recorded 22 subsale transactions in 2023, with a median price of RM 245K and a median price per square foot (PSF) of RM 267.

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 245K, with most transactions falling within a stable range of RM 210K to RM 275K, and a typical market range of RM 217K to RM 272K.

Most transactions involved flats, though some variety exists in the market.

For price per square foot, the median is RM 267, with most transactions between RM 246 and RM 288. The usual range is RM 254.50 to RM 279.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 25.00 and an average deviation (MAD) of RM 21 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. Moderate transaction volume may require patience when buying or selling.