ARTE S

Area Intelligence
2021
Median Price
RM 687,500
PSF: RM 654

Residential PSF Trends

Median Price

RM 687,500

PSF: RM 654

ARTE S in Timur Laut, Penang recorded 6 subsale transactions in 2021, with a median price of RM 688K and a median price per square foot (PSF) of RM 654.

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 688K, with most transactions falling within a stable range of RM 573K to RM 700K, and a typical market range of RM 614K to RM 700K.

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

The median PSF stands at RM 654, with core pricing between RM 548 and RM 760. Market pricing typically extends from RM 573.50 to RM 734.50, reflecting moderate variation in unit pricing. The spread of RM 161.00 (IQR) and deviation of RM 106 (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

4 transactions grouped by size

600 sqft
Service Apartment
RM 470,000
Level 17
602 sqft · RM 781 PSF
650 sqft
Service Apartment
RM 450,000
Level 24
660 sqft · RM 682 PSF
1,300 sqft
Service Apartment
RM 675,000
Level 6
1,294 sqft · RM 522 PSF
RM 700,000
Level 27
1,294 sqft · RM 541 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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