LENGKOK P.RAMLEE

LENGKOK P.RAMLEE in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 880K and a median price per square foot (PSF) of RM 324.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 324, with most transactions between RM 324 and RM 324. The usual range is RM 288.88 to RM 359.13, showing that most units are priced quite close to each other. With an IQR of RM 70.25 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.