PINE RESIDENCE

Area Intelligence
2021
Median Price
RM 637,500
PSF: RM 397

Residential PSF Trends

Median Price

RM 637,500

PSF: RM 397

PINE RESIDENCE in Timur Laut, Penang recorded 4 subsale transactions in 2021, with a median price of RM 638K and a median price per square foot (PSF) of RM 397.

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 638K, with most transactions falling within a stable range of RM 630K to RM 646K, and a typical market range of RM 630K to RM 650K.

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

For price per square foot, the median is RM 397, with most transactions between RM 388 and RM 405. The usual range is RM 375.25 to RM 417.75, 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 8 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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PINE RESIDENCE, Timur Laut, Penang

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Transactions

4 transactions grouped by size

1,600 sqft
Condo/Apartment
RM 650,000
Level 25
1,615 sqft · RM 403 PSF
RM 645,000
Level 28
1,582 sqft · RM 408 PSF
RM 630,000
Level 19
1,615 sqft · RM 390 PSF
RM 630,000
Level 18
1,618 sqft · RM 389 PSF

No Properties For Sale

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

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