VILLA KEJORA

6 properties

2022

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Median Price

RM 260,000

PSF: RM 405

Residential Market

Median Price

RM 260,000

IQR: RM 51

MAD: RM 31

RM 405 PSF 2.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

Flat

16 properties

Median Price

RM 270,000

+1.4% CAGR

Median PSF

RM 386.00

+1.5% CAGR

Low-Cost Flat

9 properties

Median Price

RM 180,000

+6.1% CAGR

Median PSF

RM 356.00

+6.1% CAGR

Property Type	Properties	Median Price	Price CAGR	Median PSF	PSF CAGR
Flat	16	RM 270,000 ±20K MAD	+1.44%	RM 386.00 ±29 MAD	+1.48%
Low-Cost Flat	9	RM 180,000 ±15K MAD	+6.07%	RM 356.00 ±30 MAD	+6.06%

VILLA KEJORA in Timur Laut, Penang recorded 6 subsale transactions in 2022, with a median price of RM 260K and a median price per square foot (PSF) of RM 405.

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 260K, with most transactions falling within a stable range of RM 178K to RM 342K, and a typical market range of RM 213K to RM 308K.

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

Price per square foot shows a median of RM 405, though individual units vary from RM 315 to RM 494 in the core range. The broader market spans RM 379.00 to RM 430.00, indicating diverse property characteristics. The spread of RM 51.00 (IQR) and deviation of RM 89 (MAD) suggest moderate price variations reflecting different property features.

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.