TAMAN BUKIT JAMBUL

TAMAN BUKIT JAMBUL in Timur Laut, Penang recorded 28 subsale transactions in 2023, with a median price of RM 252K and a median price per square foot (PSF) of RM 306.

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 252K, with most transactions falling within a stable range of RM 203K to RM 300K, and a typical market range of RM 222K to RM 282K.

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

The median PSF stands at RM 306, with core pricing between RM 259 and RM 352. Market pricing typically extends from RM 277.50 to RM 333.50, reflecting moderate variation in unit pricing. The spread of RM 56.00 (IQR) and deviation of RM 46 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.