Penang
Timur Laut
13
ARTE S

ARTE S

Area Intelligence

2021

Median Price

RM 460,000

PSF: RM 732

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Residential PSF Trends

Median Price

RM 460,000

PSF: RM 732

ARTE S in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 460K and a median price per square foot (PSF) of RM 732.

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 460K, with most transactions falling within a stable range of RM 450K to RM 470K, and a typical market range of RM 450K to RM 470K.

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

For price per square foot, the median is RM 732, with most transactions between RM 682 and RM 781. The usual range is RM 651.00 to RM 812.00, showing that most units are priced quite close to each other. With an IQR of RM 161.00 and MAD of RM 50, 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.

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ARTE S, Timur Laut, Penang

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