BUKIT DUMBAR INDAH/PERMAI

BUKIT DUMBAR INDAH/PERMAI in Timur Laut, Penang recorded 9 subsale transactions in 2023, with a median price of RM 480K and a median price per square foot (PSF) of RM 490.

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 480K, with most transactions falling within a stable range of RM 440K to RM 527K, and a typical market range of RM 440K to RM 520K.

Most transactions involved condominium/apartment, though some variety exists in the market.

The median PSF stands at RM 490, with core pricing between RM 415 and RM 565. Market pricing typically extends from RM 430.50 to RM 549.50, reflecting moderate variation in unit pricing. The spread of RM 119.00 (IQR) and deviation of RM 75 (MAD) suggest moderate price variations reflecting different property features.

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.