BUKIT DUMBAR VILLA

BUKIT DUMBAR VILLA in Timur Laut, Penang recorded 2 subsale transactions in 2024, with a median price of RM 890K 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 890K, with most transactions falling within a stable range of RM 500K to RM 1.28 million, and a typical market range of RM 726K to RM 1.05 million.

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

The median PSF stands at RM 490, with core pricing between RM 407 and RM 573. Market pricing typically extends from RM 475.25 to RM 504.75, reflecting moderate variation in unit pricing. The spread of RM 29.50 (IQR) and deviation of RM 83 (MAD) suggest moderate price variations reflecting different property features.

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. Limited transaction history suggests carefully evaluating comparable sales data.