SURIN CONDO

SURIN CONDO in Timur Laut, Penang recorded 12 subsale transactions in 2022, with a median price of RM 740K and a median price per square foot (PSF) of RM 611.

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 740K, with most transactions falling within a stable range of RM 623K to RM 969K, and a typical market range of RM 699K to RM 781K.

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

For price per square foot, the median is RM 611, with most transactions between RM 556 and RM 666. The usual range is RM 565.50 to RM 656.50, showing that most units are priced quite close to each other. With an IQR of RM 91.00 and MAD of RM 55, 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.