FETTES PARK

FETTES PARK in Timur Laut, Penang recorded 5 subsale transactions in 2024, with a median price of RM 640K and a median price per square foot (PSF) of RM 514.

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 640K, with most transactions falling within a stable range of RM 626K to RM 1.05 million, and a typical market range of RM 626K to RM 1.07 million.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 514, with core pricing between RM 424 and RM 604. Market pricing typically extends from RM 461.50 to RM 566.50, reflecting moderate variation in unit pricing. The spread of RM 105.00 (IQR) and deviation of RM 90 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.