SRI PERDANA

SRI PERDANA in Timur Laut, Penang recorded 4 subsale transactions in 2022, with a median price of RM 510K and a median price per square foot (PSF) of RM 608.

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 510K, with most transactions falling within a stable range of RM 490K to RM 582K, and a typical market range of RM 490K to RM 569K.

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

The median PSF stands at RM 608, with core pricing between RM 546 and RM 669. Market pricing typically extends from RM 559.25 to RM 655.75, reflecting moderate variation in unit pricing. With an IQR of RM 96.50 and MAD of RM 62, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.