TIERRA RESIDENCES

TIERRA RESIDENCES in Barat Daya, Penang recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 1.20 million and a median price per square foot (PSF) of RM 845.

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 1.20 million, with most transactions falling within a stable range of RM 960K to RM 1.44 million, and a typical market range of RM 1.02 million to RM 1.38 million.

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

Price per square foot shows a median of RM 845, though individual units vary from RM 676 to RM 1,014 in the core range. The broader market spans RM 718.50 to RM 971.50, indicating diverse property characteristics. The spread of RM 253.00 (IQR) and deviation of RM 169 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.