HALAMAN KENANGA

HALAMAN KENANGA in Timur Laut, Penang recorded 10 subsale transactions in 2023, with a median price of RM 248K and a median price per square foot (PSF) of RM 362.

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 248K, with most transactions falling within a stable range of RM 225K to RM 270K, and a typical market range of RM 228K to RM 268K.

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

For price per square foot, the median is RM 362, with most transactions between RM 327 and RM 397. The usual range is RM 336.00 to RM 388.00, showing that most units are priced quite close to each other. With an IQR of RM 52.00 and MAD of RM 35, 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.