Taman Bukit Bendera in Timur Laut, Penang recorded 5 subsale transactions in 2022, with a median price of RM380K and a median price per square foot (PSF) of RM453.

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 RM380K, with most transactions falling within a stable range of RM257K to RM440K, and a typical market range of RM273K to RM440K.

Most transactions involved condominium/apartment, though some variety exists in the market.

The median PSF stands at RM453, with core pricing between RM373 and RM533. Market pricing typically extends from RM405.61 to RM499.61, reflecting moderate variation in unit pricing. The spread of RM94.00 (IQR) and deviation of RM80 (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.