TREE RESIDENCY @ ONE RESIDENCE

Area Intelligence
2023
Median Price
RM 2,250,000
PSF: RM 506

Residential PSF Trends

Median Price

RM 2,250,000

PSF: RM 506

TREE RESIDENCY @ ONE RESIDENCE in Barat Daya, Penang recorded 2 subsale transactions in 2023, with a median price of RM 2.25 million and a median price per square foot (PSF) of RM 506.

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 2.25 million, with most transactions falling within a stable range of RM 2.00 million to RM 2.50 million, and a typical market range of RM 2.05 million to RM 2.45 million.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 506, though individual units vary from RM 380 to RM 632 in the core range. The broader market spans RM 327.88 to RM 683.13, indicating diverse property characteristics. The spread of RM 355.25 (IQR) and deviation of RM 126 (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.

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TREE RESIDENCY @ ONE RESIDENCE, Barat Daya, Penang

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Transactions

1 transactions grouped by size

4,350 sqft
Double Storey Semi-D
RM 2,000,000
LORONG RAJAWALI 4
4,370 sqft · RM 458 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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