TAMAN JUBILEE (JUBILEE SUITE)

TAMAN JUBILEE (JUBILEE SUITE) in Timur Laut, Penang recorded 12 subsale transactions in 2023, with a median price of RM 353K and a median price per square foot (PSF) of RM 504.

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 353K, with most transactions falling within a stable range of RM 305K to RM 400K, and a typical market range of RM 342K to RM 364K.

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

For price per square foot, the median is RM 504, with most transactions between RM 458 and RM 549. The usual range is RM 487.75 to RM 519.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 31.50 and an average deviation (MAD) of RM 45 indicate a highly stable PSF trend across properties.

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.