Sri Bukit Jambul in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM2.20 million and a median price per square foot (PSF) of RM563.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM2.20 million, with most transactions falling within a stable range of RM2.15 million to RM2.25 million, and a typical market range of RM2.17 million to RM2.23 million.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

The median PSF stands at RM563, with core pricing between RM476 and RM651. Market pricing typically extends from RM426.88 to RM699.88, reflecting moderate variation in unit pricing. The spread of RM273.00 (IQR) and deviation of RM88 (MAD) suggest moderate price variations reflecting different property features.

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.