THE UBAN Property Investment Analysis

THE UBAN in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 850K and a median price per square foot (PSF) of RM 438.

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 850K, with most transactions falling within a stable range of RM 780K to RM 920K, and a typical market range of RM 783K to RM 918K.

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

For price per square foot, the median is RM 438, with most transactions between RM 405 and RM 471. The usual range is RM 412.75 to RM 463.25, showing that most units are priced quite close to each other. With an IQR of RM 50.50 and MAD of RM 33, 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.