| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 11
|
RM 600,000
|
RM 476
|
1,259 sqft
|
|
|
Level 7
|
RM 800,000
|
RM 584
|
1,370 sqft
|
|
|
|
Level 10
|
RM 665,000
|
RM 485
|
1,370 sqft
|
|
|
|
Level 19
|
RM 618,000
|
RM 463
|
1,335 sqft
|
|
|
Level 26
|
RM 725,000
|
RM 494
|
1,468 sqft
|
|
|
|
Level 29
|
RM 800,000
|
RM 551
|
1,451 sqft
|
|
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11700 Gelugor, Penang, Malaysia
MapsArte 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 serviced apartment, with minimal variety in property types.
Price per square foot shows a median of RM 494, though individual units vary from RM 373 to RM 614 in the core range. The broader market spans RM 413.38 to RM 574.38, 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.