|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Level 11
|
RM 700,000
|
RM 541
|
1,294 sqft
|
|
Serviced Apt |
| 2024 | |||||
|
Level 15
|
RM 670,000
|
RM 518
|
1,294 sqft
|
|
Serviced Apt |
|
Level 27
|
RM 700,000
|
RM 541
|
1,294 sqft
|
|
Serviced Apt |
| 2023 | |||||
|
Level 25
|
RM 710,000
|
RM 549
|
1,294 sqft
|
|
Serviced Apt |
| 2021 | |||||
|
Level 6
|
RM 675,000
|
RM 522
|
1,294 sqft
|
|
Serviced Apt |
|
Level 27
|
RM 700,000
|
RM 541
|
1,294 sqft
|
|
Serviced Apt |
|
Level 9
|
RM 820,000
|
RM 634
|
1,294 sqft
|
|
Serviced Apt |
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Market Snapshot
ResidentialRM 700,000
RM 541 psfMedian transaction price
11700 Gelugor, Penang, Malaysia
MapsArte S in Timur Laut, Penang recorded 7 subsale transactions between 2021 and 2026, sized between 1,275 and 1,324 sqft, with a median price of RM 700K and a median price per square foot (PSF) of RM 541.
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 700K, with most transactions falling within a stable range of RM 670K to RM 747K, and a typical market range of RM 670K to RM 774K.
Most transactions involved serviced apartment, with minimal variety in property types.
For price per square foot, the median is RM 541, with most transactions between RM 505 and RM 577. The usual range is RM 460.49 to RM 621.49, showing that most units are priced quite close to each other. With an IQR of RM 161.00 and MAD of RM 36, 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. Limited transaction history suggests carefully evaluating comparable sales data.