Penang
Timur Laut
13
THE UBAN

THE UBAN

Area Intelligence

2022

Median Price

RM 920,000

PSF: RM 436

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Residential PSF Trends

Median Price

RM 920,000

PSF: RM 436

THE UBAN in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM 920K and a median price per square foot (PSF) of RM 436.

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 920K, with most transactions falling within a stable range of RM 850K to RM 990K, and a typical market range of RM 853K to RM 988K.

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

For price per square foot, the median is RM 436, with most transactions between RM 403 and RM 469. The usual range is RM 410.75 to RM 461.25, 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.

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THE UBAN, Timur Laut, Penang

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