FETTES PARK

FETTES PARK in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM 1.40 million and a median price per square foot (PSF) of RM 528.

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 1.40 million, with most transactions falling within a stable range of RM 1.25 million to RM 1.55 million, and a typical market range of RM 1.33 million to RM 1.48 million.

Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.

The median PSF stands at RM 528, with core pricing between RM 450 and RM 605. Market pricing typically extends from RM 488.75 to RM 566.25, reflecting moderate variation in unit pricing. With an IQR of RM 77.50 and MAD of RM 78, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.