PINE RESIDENCE

Area Intelligence
2023
Median Price
RM 660,000
PSF: RM 436

Residential PSF Trends

Median Price

RM 660,000

PSF: RM 436

PINE RESIDENCE in Timur Laut, Penang recorded 6 subsale transactions in 2023, with a median price of RM 660K and a median price per square foot (PSF) of RM 436.

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 660K, with most transactions falling within a stable range of RM 610K to RM 724K, and a typical market range of RM 629K to RM 691K.

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

The median PSF stands at RM 436, with core pricing between RM 379 and RM 493. Market pricing typically extends from RM 414.75 to RM 457.25, reflecting moderate variation in unit pricing. With an IQR of RM 42.50 and MAD of RM 57, 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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PINE RESIDENCE, Timur Laut, Penang

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Transactions

6 transactions grouped by size

1,450 sqft
Condo/Apartment
RM 800,000
Level 26
1,475 sqft · RM 542 PSF
RM 720,000
Level 27
1,475 sqft · RM 488 PSF
RM 670,000
Level 5
1,453 sqft · RM 461 PSF
1,600 sqft
Condo/Apartment
RM 610,000
Level 20
1,582 sqft · RM 386 PSF
RM 650,000
Level 19
1,582 sqft · RM 411 PSF
RM 625,000
Level 4
1,615 sqft · RM 387 PSF

No Properties For Sale

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

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