ARTE S

ARTE S in Timur Laut, Penang recorded 2 subsale transactions in 2024, with a median price of RM 505K and a median price per square foot (PSF) of RM 842.

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 505K, with most transactions falling within a stable range of RM 442K to RM 569K, and a typical market range of RM 431K to RM 579K.

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

For price per square foot, the median is RM 842, with most transactions between RM 781 and RM 902. The usual range is RM 761.00 to RM 922.00, 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.