JLN DATUK KERAMAT

JLN DATUK KERAMAT in Timur Laut, Penang recorded 5 subsale transactions in 2022, with a median price of RM 800K and a median price per square foot (PSF) of RM 465.

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 800K, with most transactions falling within a stable range of RM 750K to RM 1.22 million, and a typical market range of RM 750K to RM 1.08 million.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 465, with core pricing between RM 385 and RM 545. Market pricing typically extends from RM 342.38 to RM 587.63, reflecting moderate variation in unit pricing. The spread of RM 245.25 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.