ARTE S

Area Intelligence
2021
Median Price
RM 760,000
PSF: RM 588

Residential PSF Trends

Median Price

RM 760,000

PSF: RM 588

ARTE S in Timur Laut, Penang recorded 4 subsale transactions in 2021, with a median price of RM 760K and a median price per square foot (PSF) of RM 588.

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 760K, with most transactions falling within a stable range of RM 685K to RM 835K, and a typical market range of RM 686K to RM 834K.

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

The median PSF stands at RM 588, with core pricing between RM 524 and RM 651. Market pricing typically extends from RM 507.00 to RM 668.00, reflecting moderate variation in unit pricing. With an IQR of RM 161.00 and MAD of RM 63, 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. 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

1,250 sqft
Service Apartment
RM 850,000
Level 45
1,262 sqft · RM 674 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
RM 820,000
Level 9
1,294 sqft · RM 634 PSF

No Properties For Sale

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

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