Pdc R/Pangsa Sungai Pinang (Serendah) in Timur Laut, Penang recorded 3 subsale transactions in 2022, with a median price of RM50K and a median price per square foot (PSF) of RM186.

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 RM50K, with most transactions falling within a stable range of RM40K to RM147K, and a typical market range of RM40K to RM106K.

Most transactions involved low-cost flat, with minimal variety in property types.

Price per square foot shows a median of RM186, though individual units vary from RM78 to RM294 in the core range. The broader market spans RM130.30 to RM241.30, indicating diverse property characteristics. A wider spread (IQR: RM111.00) and deviation (MAD: RM108) indicate significant PSF variations, likely due to diverse property types or conditions.

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.