PINE RESIDENCE

Area Intelligence
2023
Median Price
RM 695,000
PSF: RM 403

Residential PSF Trends

Median Price

RM 695,000

PSF: RM 403

PINE RESIDENCE in Timur Laut, Penang recorded 8 subsale transactions in 2023, with a median price of RM 695K and a median price per square foot (PSF) of RM 403.

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 695K, with most transactions falling within a stable range of RM 800K to RM 900K, and a typical market range of RM 800K to RM 726K.

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

Price per square foot shows a median of RM 403, though individual units vary from RM 314 to RM 491 in the core range. The broader market spans RM 381.25 to RM 423.75, indicating diverse property characteristics. The spread of RM 42.50 (IQR) and deviation of RM 88 (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. 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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PINE RESIDENCE, Timur Laut, Penang

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Transactions

3 transactions grouped by size

1,450 sqft
Condo/Apartment
RM 800,000
Level 26
1,475 sqft · RM 542 PSF
3,000 sqft
Condo/Apartment
RM 1,000,000
Level 29
3,014 sqft · RM 332 PSF
3,300 sqft
Condo/Apartment
RM 1,299,000
Level 30
3,294 sqft · RM 394 PSF

No Properties For Sale

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

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