D'RESIDENCE in Timur Laut, Penang recorded 1 subsale transactions in 2021, with a median price of RM 4.00 million and a median price per square foot (PSF) of RM 660.
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 4.00 million, with most transactions falling within a stable range of RM 3.49 million to RM 4.51 million, and a typical market range of RM 3.55 million to RM 4.45 million.
Most transactions involved detached, with high diversity across multiple property types.
For price per square foot, the median is RM 660, with most transactions between RM 643 and RM 678. The usual range is RM 638.75 to RM 681.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 42.50 and an average deviation (MAD) of RM 18 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
