ARTE S

ARTE S in Timur Laut, Penang recorded 3 subsale transactions in 2023, with a median price of RM 710K and a median price per square foot (PSF) of RM 563.

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 710K, with most transactions falling within a stable range of RM 647K to RM 774K, and a typical market range of RM 636K to RM 784K.

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

The median PSF stands at RM 563, with core pricing between RM 503 and RM 624. Market pricing typically extends from RM 482.50 to RM 643.50, reflecting moderate variation in unit pricing. With an IQR of RM 161.00 and MAD of RM 61, 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.