THE ZEN

Area Intelligence
2024
Median Price
RM 555,000
PSF: RM 659

Residential PSF Trends

Median Price

RM 545,000

PSF: RM 641

Commercial PSF Trends

Median Price

RM 1,000,000

RM 1,195 PSF

THE ZEN in Timur Laut, Penang recorded 30 subsale transactions in 2024, with a median price of RM 555K and a median price per square foot (PSF) of RM 659.

This area contains both residential and commercial properties. View 27 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved condominium/apartment, though some variety exists in the market.

For price per square foot, the median is RM 659, with most transactions between RM 616 and RM 703. The usual range is RM 599.75 to RM 718.25, showing that most units are priced quite close to each other. With an IQR of RM 118.50 and MAD of RM 44, 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. Moderate transaction volume may require patience when buying or selling.

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THE ZEN, Timur Laut, Penang

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Transactions

2 transactions grouped by size

800 sqft
Shop/Retail Lot
RM 1,000,000
Level 2
780 sqft · RM 1,282 PSF
850 sqft
Shop/Retail Lot
RM 1,000,000
Level 1
837 sqft · RM 1,195 PSF

No Properties For Sale

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

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