SIERRA EAST

Area Intelligence
2021
Median Price
RM 823,000
PSF: RM 596

Residential PSF Trends

Median Price

RM 823,000

PSF: RM 596

SIERRA EAST in Timur Laut, Penang recorded 4 subsale transactions in 2021, with a median price of RM 823K and a median price per square foot (PSF) of RM 596.

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 823K, with most transactions falling within a stable range of RM 768K to RM 878K, and a typical market range of RM 763K to RM 890K.

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

For price per square foot, the median is RM 596, with most transactions between RM 565 and RM 627. The usual range is RM 524.38 to RM 667.63, showing that most units are priced quite close to each other. With an IQR of RM 143.25 and MAD of RM 31, 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

4 transactions grouped by size

1,300 sqft
Condo/Apartment
RM 763,000
Level 11
1,324 sqft · RM 576 PSF
1,400 sqft
Condo/Apartment
RM 778,000
Level 6
1,410 sqft · RM 552 PSF
RM 868,000
Level 16
1,410 sqft · RM 616 PSF
RM 890,000
Level 22
1,410 sqft · RM 631 PSF

No Properties For Sale

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

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