Penang
Timur Laut
13
ARTE S

ARTE S

Area Intelligence

2022

Median Price

RM 665,000

PSF: RM 494

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Residential PSF Trends

Median Price

RM 665,000

PSF: RM 494

ARTE S in Timur Laut, Penang recorded 7 subsale transactions in 2022, with a median price of RM 665K and a median price per square foot (PSF) of RM 494.

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 665K, with most transactions falling within a stable range of RM 574K to RM 756K, and a typical market range of RM 591K to RM 739K.

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

Price per square foot shows a median of RM 494, though individual units vary from RM 374 to RM 614 in the core range. The broader market spans RM 413.50 to RM 574.50, indicating diverse property characteristics. The spread of RM 161.00 (IQR) and deviation of RM 120 (MAD) suggest moderate price variations reflecting different property features.

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.

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ARTE S, Timur Laut, Penang

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Transactions

7 transactions found

Popular Ranges

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

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Min Price (RM)

Max Price (RM)

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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

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RM 800,000

Level 7

1,370 sqft • RM 584.00 PSF

Dec 2022

RM 665,000

Level 10

1,370 sqft • RM 485.00 PSF

Dec 2022

RM 725,000

Level 26

1,468 sqft • RM 494.00 PSF

Sep 2022

RM 550,000

Level 19

660 sqft • RM 833.00 PSF

Apr 2022

RM 618,000

Level 19

1,335 sqft • RM 463.00 PSF

Apr 2022

RM 800,000

Level 29

1,451 sqft • RM 551.00 PSF

Apr 2022

RM 600,000

Level 11

1,259 sqft • RM 476.00 PSF

Jan 2022

Road	Price	Land PSF	Land	Date	Type
Level 7	RM 800,000	RM 584.00	1,370 sqft	Dec 2022	Service Apartment
Level 10	RM 665,000	RM 485.00	1,370 sqft	Dec 2022	Service Apartment
Level 26	RM 725,000	RM 494.00	1,468 sqft	Sep 2022	Service Apartment
Level 19	RM 550,000	RM 833.00	660 sqft	Apr 2022	Service Apartment
Level 19	RM 618,000	RM 463.00	1,335 sqft	Apr 2022	Service Apartment
Level 29	RM 800,000	RM 551.00	1,451 sqft	Apr 2022	Service Apartment
Level 11	RM 600,000	RM 476.00	1,259 sqft	Jan 2022	Service Apartment