PDC-CLUSTER HOUSE(JLN BUKIT GAMBIER)

PDC-CLUSTER HOUSE(JLN BUKIT GAMBIER) in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM 285K and a median price per square foot (PSF) of RM 500.

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 285K, with most transactions falling within a stable range of RM 262K to RM 308K, and a typical market range of RM 269K to RM 302K.

Most transactions involved cluster house, with minimal variety in property types.

For price per square foot, the median is RM 500, with most transactions between RM 459 and RM 540. The usual range is RM 470.63 to RM 528.38, showing that most units are priced quite close to each other. With an IQR of RM 57.75 and MAD of RM 41, 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.