PINANG COURT

PINANG COURT in Timur Laut, Penang recorded 8 subsale transactions in 2022, with a median price of RM 225K and a median price per square foot (PSF) of RM 366.

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 225K, with most transactions falling within a stable range of RM 189K to RM 261K, and a typical market range of RM 194K to RM 256K.

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

The median PSF stands at RM 366, with core pricing between RM 325 and RM 407. Market pricing typically extends from RM 325.25 to RM 406.75, reflecting moderate variation in unit pricing. With an IQR of RM 81.50 and MAD of RM 41, 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.