ARTE S

ARTE S in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 460K and a median price per square foot (PSF) of RM 732.

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 460K, with most transactions falling within a stable range of RM 397K to RM 524K, and a typical market range of RM 386K to RM 534K.

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

For price per square foot, the median is RM 732, with most transactions between RM 671 and RM 792. The usual range is RM 651.00 to RM 812.00, 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.