MEDAN LUMBA KUDA

MEDAN LUMBA KUDA in Timur Laut, Penang recorded 5 subsale transactions in 2024, with a median price of RM 450K and a median price per square foot (PSF) of RM 565.

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 450K, with most transactions falling within a stable range of RM 431K to RM 465K, and a typical market range of RM 424K to RM 465K.

Most transactions involved flats, though some variety exists in the market.

For price per square foot, the median is RM 565, with most transactions between RM 540 and RM 590. The usual range is RM 532.75 to RM 597.25, showing that most units are priced quite close to each other. With an IQR of RM 64.50 and MAD of RM 25, 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.