TAMAN BUKIT BENDERA

TAMAN BUKIT BENDERA in Timur Laut, Penang recorded 5 subsale transactions in 2022, with a median price of RM 380K and a median price per square foot (PSF) of RM 453.

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 380K, with most transactions falling within a stable range of RM 257K to RM 440K, and a typical market range of RM 263K to RM 440K.

Most transactions involved condominium/apartment, with moderate diversity in property types available.

The median PSF stands at RM 453, with core pricing between RM 373 and RM 533. Market pricing typically extends from RM 400.75 to RM 505.25, reflecting moderate variation in unit pricing. The spread of RM 104.50 (IQR) and deviation of RM 80 (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.