JLN KEBUN NYOR

JLN KEBUN NYOR in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 930K and a median price per square foot (PSF) of RM 451.

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 930K, with most transactions falling within a stable range of RM 590K to RM 1.27 million, and a typical market range of RM 760K to RM 1.10 million.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 451, with most transactions between RM 445 and RM 457. The usual range is RM 448.00 to RM 454.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 6.00 and an average deviation (MAD) of RM 6 indicate a highly stable PSF trend across properties.

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.