MEDAN TENGKU

MEDAN TENGKU in Timur Laut, Penang recorded 4 subsale transactions in 2022, with a median price of RM 183K and a median price per square foot (PSF) of RM 311.

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 183K, with most transactions falling within a stable range of RM 164K to RM 200K, and a typical market range of RM 157K to RM 200K.

Most transactions involved low-cost flat, though some variety exists in the market.

The median PSF stands at RM 311, with core pricing between RM 272 and RM 349. Market pricing typically extends from RM 265.50 to RM 355.50, reflecting moderate variation in unit pricing. With an IQR of RM 90.00 and MAD of RM 38, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.