PDC R/PANGSA SG PINANG (SERENDAH)

PDC R/PANGSA SG PINANG (SERENDAH) in Timur Laut, Penang recorded 6 subsale transactions in 2023, with a median price of RM 133K and a median price per square foot (PSF) of RM 257.

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 133K, with most transactions falling within a stable range of RM 81K to RM 184K, and a typical market range of RM 88K to RM 177K.

Most transactions involved low-cost flat, with minimal variety in property types.

The median PSF stands at RM 257, with core pricing between RM 211 and RM 302. Market pricing typically extends from RM 211.38 to RM 301.63, reflecting moderate variation in unit pricing. The spread of RM 90.25 (IQR) and deviation of RM 46 (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.