THE ZEN in Timur Laut, Penang recorded 0 subsale transactions in 2022, 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 503K to RM 608K, 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 597 and RM 721. 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 62, 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. Limited transaction history suggests carefully evaluating comparable sales data.
