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 707K to RM 668K, and a typical market range of RM 635K to RM 668K.

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 533 and RM 597. 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 32, 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. 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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SIERRA EAST, Timur Laut, Penang

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Transactions

9 transactions grouped by size

1,250 sqft
Condo/Apartment
RM 545,000
Level 18
1,249 sqft · RM 436 PSF
RM 499,000
Level 6
1,249 sqft · RM 400 PSF
RM 550,000
Level 4
1,249 sqft · RM 440 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 560,000
Level 17
1,249 sqft · RM 448 PSF
RM 470,000
Level 8
1,249 sqft · RM 376 PSF
1,400 sqft
Condo/Apartment
RM 668,000
Level 6
1,410 sqft · RM 474 PSF

No Properties For Sale

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

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