THE UBAN

THE UBAN in Timur Laut, Penang recorded 1 subsale transactions in 2021, with a median price of RM 750K and a median price per square foot (PSF) of RM 385.

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 750K, with most transactions falling within a stable range of RM 680K to RM 820K, and a typical market range of RM 683K to RM 818K.

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

For price per square foot, the median is RM 385, with most transactions between RM 352 and RM 418. The usual range is RM 359.75 to RM 410.25, 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.