ARTE S

ARTE S in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 470K and a median price per square foot (PSF) of RM 712.

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 470K, with most transactions falling within a stable range of RM 407K to RM 534K, and a typical market range of RM 396K to RM 544K.

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

For price per square foot, the median is RM 712, with most transactions between RM 652 and RM 773. The usual range is RM 631.50 to RM 792.50, 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.