SANDI LAND CONDOMINIUM

SANDI LAND CONDOMINIUM in Timur Laut, Penang recorded 26 subsale transactions in 2022, with a median price of RM 758K and a median price per square foot (PSF) of RM 566.

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 758K, with most transactions falling within a stable range of RM 680K to RM 1.00 million, and a typical market range of RM 680K to RM 986K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 566, with most transactions between RM 518 and RM 613. The usual range is RM 532.75 to RM 598.25, showing that most units are priced quite close to each other. With an IQR of RM 65.50 and MAD of RM 47, 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. Moderate transaction volume may require patience when buying or selling.