HALAMAN KENANGA

HALAMAN KENANGA in Timur Laut, Penang recorded 16 subsale transactions in 2022, with a median price of RM 261K and a median price per square foot (PSF) of RM 373.

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 261K, with most transactions falling within a stable range of RM 234K to RM 287K, and a typical market range of RM 241K to RM 281K.

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

The median PSF stands at RM 373, with core pricing between RM 332 and RM 413. Market pricing typically extends from RM 346.50 to RM 398.50, reflecting moderate variation in unit pricing. With an IQR of RM 52.00 and MAD of RM 40, the PSF demonstrates reasonable consistency across the market.

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.