URBAN SUITES @ JELUTONG

URBAN SUITES @ JELUTONG in Timur Laut, Penang recorded 3 subsale transactions in 2023, with a median price of RM 600K and a median price per square foot (PSF) of RM 797.

This area contains both residential and commercial properties. View 8 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 600K, with most transactions falling within a stable range of RM 600K to RM 678K, and a typical market range of RM 600K to RM 650K.

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

The median PSF stands at RM 797, with core pricing between RM 716 and RM 878. Market pricing typically extends from RM 767.00 to RM 827.00, reflecting moderate variation in unit pricing. With an IQR of RM 60.00 and MAD of RM 81, 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.