Penang
Timur Laut
13
ECO TERRACES

ECO TERRACES

Area Intelligence

2024

Median Price

RM 1,100,000

PSF: RM 606

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Residential PSF Trends

Median Price

RM 1,100,000

PSF: RM 606

ECO TERRACES in Timur Laut, Penang recorded 5 subsale transactions in 2024, with a median price of RM 1.10 million and a median price per square foot (PSF) of RM 606.

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 1.10 million, with most transactions falling within a stable range of RM 1.06 million to RM 665K, and a typical market range of RM 874K to RM 665K.

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

For price per square foot, the median is RM 606, with most transactions between RM 567 and RM 645. The usual range is RM 443.25 to RM 768.75, showing that most units are priced quite close to each other. With an IQR of RM 325.50 and MAD of RM 39, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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ECO TERRACES, Timur Laut, Penang

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