LEBUHRAYA SCOTT

LEBUHRAYA SCOTT in Timur Laut, Penang recorded 9 subsale transactions in 2022, with a median price of RM 654K and a median price per square foot (PSF) of RM 675.

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 654K, with most transactions falling within a stable range of RM 654K to RM 1.63 million, and a typical market range of RM 654K to RM 698K.

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

The median PSF stands at RM 675, with core pricing between RM 607 and RM 743. Market pricing typically extends from RM 675.00 to RM 675.00, reflecting moderate variation in unit pricing. With an IQR of RM 0.00 and MAD of RM 68, the PSF demonstrates reasonable consistency across the market.

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.