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. The median price is RM 555K, with most transactions falling within a stable range of RM 523K to RM 587K, and a typical market range of RM 511K to RM 599K.

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 621 and RM 697. 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 38, 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. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.

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THE ZEN, Timur Laut, Penang

OSM

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Transactions

18 transactions grouped by size

800 sqft
Shop/Retail Lot
RM 550,000
Level 2
780 sqft · RM 705 PSF
850 sqft
Condo/Apartment
RM 605,000
Level 30
850 sqft · RM 712 PSF
RM 630,000
Level 44
850 sqft · RM 741 PSF
RM 560,000
Level 44
850 sqft · RM 659 PSF
RM 575,000
Level 41
850 sqft · RM 676 PSF
RM 545,000
Level 43
850 sqft · RM 641 PSF
RM 565,000
Level 30
850 sqft · RM 665 PSF

No Properties For Sale

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

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