THE STONE

THE STONE in Timur Laut, Penang recorded 19 subsale transactions in 2023, with a median price of RM 408K and a median price per square foot (PSF) of RM 408.

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 408K, with most transactions falling within a stable range of RM 388K to RM 428K, and a typical market range of RM 378K to RM 438K.

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

For price per square foot, the median is RM 408, with most transactions between RM 388 and RM 428. The usual range is RM 378.00 to RM 438.00, showing that most units are priced quite close to each other. With an IQR of RM 60.00 and MAD of RM 20, 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.