JADE VIEW

JADE VIEW in Timur Laut, Penang recorded 17 subsale transactions in 2023, with a median price of RM 290K and a median price per square foot (PSF) of RM 402.

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 290K, with most transactions falling within a stable range of RM 221K to RM 359K, and a typical market range of RM 230K to RM 350K.

Most transactions involved flats, though some variety exists in the market.

The median PSF stands at RM 402, with core pricing between RM 346 and RM 458. Market pricing typically extends from RM 363.50 to RM 440.50, reflecting moderate variation in unit pricing. With an IQR of RM 77.00 and MAD of RM 56, the PSF demonstrates reasonable consistency across the market.

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.