ARTE S

ARTE S in Timur Laut, Penang recorded 1 subsale transactions in 2022, with a median price of RM 550K and a median price per square foot (PSF) of RM 833.

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 550K, with most transactions falling within a stable range of RM 487K to RM 614K, and a typical market range of RM 476K to RM 624K.

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

For price per square foot, the median is RM 833, with most transactions between RM 773 and RM 894. The usual range is RM 752.50 to RM 913.50, showing that most units are priced quite close to each other. 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.