Penang
Timur Laut
13
ARTE S

ARTE S

Area Intelligence

2021

Median Price

RM 687,500

PSF: RM 654

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Residential PSF Trends

Median Price

RM 687,500

PSF: RM 654

ARTE S in Timur Laut, Penang recorded 6 subsale transactions in 2021, with a median price of RM 688K and a median price per square foot (PSF) of RM 654.

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 688K, with most transactions falling within a stable range of RM 533K to RM 842K, and a typical market range of RM 614K to RM 761K.

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

The median PSF stands at RM 654, with core pricing between RM 566 and RM 742. Market pricing typically extends from RM 573.50 to RM 734.50, reflecting moderate variation in unit pricing. With an IQR of RM 161.00 and MAD of RM 88, 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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Transactions

6 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 470,000

Level 17

602 sqft • RM 781.00 PSF

Dec 2021

RM 850,000

Level 45

1,262 sqft • RM 674.00 PSF

Dec 2021

RM 675,000

Level 6

1,294 sqft • RM 522.00 PSF

Dec 2021

RM 700,000

Level 27

1,294 sqft • RM 541.00 PSF

Nov 2021

RM 450,000

Level 24

660 sqft • RM 682.00 PSF

Oct 2021

RM 820,000

Level 9

1,294 sqft • RM 634.00 PSF

Mar 2021

Road	Price	Land PSF	Land	Date	Type
Level 17	RM 470,000	RM 781.00	602 sqft	Dec 2021	Service Apartment
Level 45	RM 850,000	RM 674.00	1,262 sqft	Dec 2021	Service Apartment
Level 6	RM 675,000	RM 522.00	1,294 sqft	Dec 2021	Service Apartment
Level 27	RM 700,000	RM 541.00	1,294 sqft	Nov 2021	Service Apartment
Level 24	RM 450,000	RM 682.00	660 sqft	Oct 2021	Service Apartment
Level 9	RM 820,000	RM 634.00	1,294 sqft	Mar 2021	Service Apartment