Lengkok P.ramlee in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM880K and a median price per square foot (PSF) of RM324.

This area consists exclusively of residential properties, with no commercial listings recorded.

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

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

For price per square foot, the median is RM324, with most transactions between RM324 and RM324. The usual range is RM291.78 to RM355.78, showing that most units are priced quite close to each other. With an IQR of RM64.00 and MAD of RM0, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.