Fairy Heights

137, Jalan Rambutan, Pekan Ayer Itam, 11500 Ayer Itam, Pulau Pinang, Malaysia

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137, Jalan Rambutan, Pekan Ayer Itam, 11500 Ayer Itam, Pulau Pinang, Malaysia

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Fairy Heights in Timur Laut, Penang recorded 0 subsale transactions in 2021, with a median price of RM290K and a median price per square foot (PSF) of RM414.

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 RM290K, with most transactions falling within a stable range of RM260K to RM320K, and a typical market range of RM265K to RM315K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM414, with most transactions between RM375 and RM454. The usual range is RM380.88 to RM447.13, showing that most units are priced quite close to each other. With an IQR of RM66.25 and MAD of RM40, 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.