SANDI LAND CONDOMINIUM

SANDI LAND CONDOMINIUM in Timur Laut, Penang recorded 26 subsale transactions in 2023, with a median price of RM 805K and a median price per square foot (PSF) of RM 595.

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 805K, with most transactions falling within a stable range of RM 718K to RM 1.12 million, and a typical market range of RM 718K to RM 1.03 million.

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

The median PSF stands at RM 595, with core pricing between RM 533 and RM 656. Market pricing typically extends from RM 561.75 to RM 627.25, reflecting moderate variation in unit pricing. With an IQR of RM 65.50 and MAD of RM 61, 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.