FAIRWAY VIEW

Area Intelligence
2022
Median Price
RM 420,000
PSF: RM 368

Residential PSF Trends

Median Price

RM 420,000

PSF: RM 368

FAIRWAY VIEW in Timur Laut, Penang recorded 1 subsale transactions in 2022, with a median price of RM 420K and a median price per square foot (PSF) of RM 368.

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 420K, with most transactions falling within a stable range of RM 410K to RM 430K, and a typical market range of RM 413K to RM 428K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 368, with most transactions between RM 359 and RM 377. The usual range is RM 358.50 to RM 377.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 19.00 and an average deviation (MAD) of RM 9 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. 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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FAIRWAY VIEW, Timur Laut, Penang

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