MINDEN HEIGHTS

MINDEN HEIGHTS in Timur Laut, Penang recorded 17 subsale transactions in 2023, with a median price of RM 2.22 million and a median price per square foot (PSF) of RM 458.

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 2.22 million, with most transactions falling within a stable range of RM 1.39 million to RM 3.05 million, and a typical market range of RM 1.62 million to RM 2.82 million.

Most transactions involved detached, with moderate diversity in property types available.

Price per square foot shows a median of RM 458, though individual units vary from RM 361 to RM 555 in the core range. The broader market spans RM 404.25 to RM 511.75, indicating diverse property characteristics. The spread of RM 107.50 (IQR) and deviation of RM 97 (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.