Kompleks Chain Ferry in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2023, with a median price of RM415K and a median price per square foot (PSF) of RM230.

This area contains both residential and commercial properties. View 3 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM415K, with most transactions falling within a stable range of RM320K to RM510K, and a typical market range of RM340K to RM490K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM230, with core pricing between RM186 and RM274. Market pricing typically extends from RM214.59 to RM245.09, reflecting moderate variation in unit pricing. The spread of RM30.50 (IQR) and deviation of RM44 (MAD) suggest moderate price variations reflecting different property features.

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.