R/PANGSA BAGAN SENA

R/PANGSA BAGAN SENA in Seberang Perai Utara, Penang recorded 7 subsale transactions in 2023, with a median price of RM 230K and a median price per square foot (PSF) of RM 281.

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 230K, with most transactions falling within a stable range of RM 207K to RM 253K, and a typical market range of RM 217K to RM 243K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 281, with most transactions between RM 253 and RM 309. The usual range is RM 264.75 to RM 297.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 32.50 and an average deviation (MAD) of RM 28 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. Limited transaction history suggests carefully evaluating comparable sales data.