THE ZEN

Area Intelligence
2024
Median Price
RM 550,000
PSF: RM 659

Residential PSF Trends

Median Price

RM 545,000

PSF: RM 641

Commercial PSF Trends

Median Price

RM 1,000,000

RM 1,239 PSF

THE ZEN in Timur Laut, Penang recorded 29 subsale transactions in 2024, with a median price of RM 550K 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 550K, with most transactions falling within a stable range of RM 435K to RM 725K, and a typical market range of RM 506K to RM 594K.

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

Price per square foot shows a median of RM 659, though individual units vary from RM 440 to RM 878 in the core range. The broader market spans RM 599.75 to RM 718.25, indicating diverse property characteristics. A wider spread (IQR: RM 118.50) and deviation (MAD: RM 219) indicate significant PSF variations, likely due to diverse property types or conditions.

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

29 transactions grouped by size

800 sqft
Shop/Retail Lot
RM 1,000,000
Level 2
780 sqft · RM 1,282 PSF
RM 550,000
Level 2
780 sqft · RM 705 PSF
850 sqft
RM 605,000
Level 30
850 sqft · RM 712 PSF
RM 498,000
Level 18
850 sqft · RM 586 PSF
RM 438,000
Level 16
850 sqft · RM 515 PSF
RM 435,000
Level 26
850 sqft · RM 512 PSF
RM 455,000
Level 41
850 sqft · RM 535 PSF
RM 575,000
Level 41
850 sqft · RM 676 PSF

No Properties For Sale

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

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