Penang
Timur Laut
13
SIERRA EAST

SIERRA EAST

Area Intelligence

2024

Median Price

RM 788,500

PSF: RM 573

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Residential PSF Trends

Median Price

RM 788,500

PSF: RM 573

SIERRA EAST in Timur Laut, Penang recorded 6 subsale transactions in 2024, with a median price of RM 789K and a median price per square foot (PSF) of RM 573.

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 789K, with most transactions falling within a stable range of RM 784K to RM 800K, and a typical market range of RM 784K to RM 816K.

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

For price per square foot, the median is RM 573, with most transactions between RM 561 and RM 585. The usual range is RM 501.38 to RM 644.63, showing that most units are priced quite close to each other. With an IQR of RM 143.25 and MAD of RM 12, 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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