Penang
Timur Laut
13
E-PARK

E-PARK

Area Intelligence

2023

Median Price

RM 450,000

PSF: RM 629

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Residential PSF Trends

Median Price

RM 450,000

PSF: RM 629

E-PARK in Timur Laut, Penang recorded 8 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 629.

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 450K, with most transactions falling within a stable range of RM 500K to RM 491K, and a typical market range of RM 500K to RM 500K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 629, with most transactions between RM 586 and RM 672. The usual range is RM 551.50 to RM 706.50, showing that most units are priced quite close to each other. With an IQR of RM 155.00 and MAD of RM 43, the PSF demonstrates reasonable consistency across the market.

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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E-PARK, Timur Laut, Penang

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