TAMAN JUBILEE (JUBILEE SUITE)

TAMAN JUBILEE (JUBILEE SUITE) in Timur Laut, Penang recorded 16 subsale transactions in 2022, with a median price of RM 350K 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 350K, with most transactions falling within a stable range of RM 301K to RM 399K, and a typical market range of RM 339K to RM 361K.

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

The median PSF stands at RM 500, with core pricing between RM 447 and RM 553. Market pricing typically extends from RM 484.25 to RM 515.75, reflecting moderate variation in unit pricing. With an IQR of RM 31.50 and MAD of RM 53, 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.