KAWASAN JALAN FREE SCHOOL

KAWASAN JALAN FREE SCHOOL in Timur Laut, Penang recorded 7 subsale transactions in 2023, with a median price of RM 490K and a median price per square foot (PSF) of RM 412.

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 490K, with most transactions falling within a stable range of RM 169K to RM 1.38 million, and a typical market range of RM 169K to RM 1.08 million.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 412, with core pricing between RM 335 and RM 489. Market pricing typically extends from RM 399.50 to RM 424.50, reflecting moderate variation in unit pricing. The spread of RM 25.00 (IQR) and deviation of RM 77 (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.