PANGSAPURI OREN 3

PANGSAPURI OREN 3 in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2023, with a median price of RM 460K and a median price per square foot (PSF) of RM 345.

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 460K, with most transactions falling within a stable range of RM 409K to RM 499K, and a typical market range of RM 418K to RM 499K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 345, with core pricing between RM 292 and RM 398. Market pricing typically extends from RM 322.50 to RM 367.50, reflecting moderate variation in unit pricing. The spread of RM 45.00 (IQR) and deviation of RM 53 (MAD) suggest moderate price variations reflecting different property features.

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.