THE IDEAL REGENCY

Area Intelligence
2022
Median Price
RM 620,000
PSF: RM 494

Residential PSF Trends

Median Price

RM 620,000

PSF: RM 494

THE IDEAL REGENCY in Timur Laut, Penang recorded 5 subsale transactions in 2022, with a median price of RM 620K and a median price per square foot (PSF) of RM 494.

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 620K, with most transactions falling within a stable range of RM 588K to RM 650K, and a typical market range of RM 565K to RM 650K.

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

For price per square foot, the median is RM 494, with most transactions between RM 470 and RM 518. The usual range is RM 476.00 to RM 512.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 36.00 and an average deviation (MAD) of RM 24 indicate a highly stable PSF trend across properties.

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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THE IDEAL REGENCY, Timur Laut, Penang

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Transactions

5 transactions grouped by size

1,200 sqft
Condo/Apartment
RM 590,000
Level 20
1,195 sqft · RM 494 PSF
RM 565,000
Level 14
1,195 sqft · RM 473 PSF
RM 640,000
Level 18
1,184 sqft · RM 541 PSF
RM 620,000
Level 5
1,195 sqft · RM 519 PSF
1,300 sqft
Condo/Apartment
RM 650,000
Level 9
1,324 sqft · RM 491 PSF

No Properties For Sale

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

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