JLN MOUNT ERSKINE

JLN MOUNT ERSKINE in Timur Laut, Penang recorded 5 subsale transactions in 2024, with a median price of RM 40K and a median price per square foot (PSF) of RM 43.

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 40K, with most transactions falling within a stable range of RM 24K to RM 56K, and a typical market range of RM 23K to RM 57K.

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

The median PSF stands at RM 43, with core pricing between RM 38 and RM 48. Market pricing typically extends from RM 34.63 to RM 51.38, reflecting moderate variation in unit pricing. With an IQR of RM 16.75 and MAD of RM 5, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.