SIERRA EAST

Area Intelligence
2023
Median Price
RM 765,000
PSF: RM 565

Residential PSF Trends

Median Price

RM 765,000

PSF: RM 565

SIERRA EAST in Timur Laut, Penang recorded 19 subsale transactions in 2023, with a median price of RM 765K and a median price per square foot (PSF) of RM 565.

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 765K, with most transactions falling within a stable range of RM 725K to RM 806K, and a typical market range of RM 635K to RM 895K.

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

For price per square foot, the median is RM 565, with most transactions between RM 536 and RM 595. The usual range is RM 493.38 to RM 636.63, showing that most units are priced quite close to each other. With an IQR of RM 143.25 and MAD of RM 30, 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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SIERRA EAST, Timur Laut, Penang

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Transactions

5 transactions grouped by size

1,250 sqft
Condo/Apartment
RM 499,000
Level 6
1,249 sqft · RM 400 PSF
RM 485,000
Level 10
1,249 sqft · RM 388 PSF
RM 490,000
Level 4
1,249 sqft · RM 392 PSF
RM 495,000
Level 6
1,249 sqft · RM 396 PSF
RM 470,000
Level 8
1,249 sqft · RM 376 PSF

No Properties For Sale

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

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