ARTE S

Area Intelligence
2022
Median Price
RM 695,000
PSF: RM 490

Residential PSF Trends

Median Price

RM 695,000

PSF: RM 490

ARTE S in Timur Laut, Penang recorded 6 subsale transactions in 2022, with a median price of RM 695K and a median price per square foot (PSF) of RM 490.

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 695K, with most transactions falling within a stable range of RM 615K to RM 775K, and a typical market range of RM 621K to RM 769K.

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

For price per square foot, the median is RM 490, with most transactions between RM 446 and RM 533. The usual range is RM 409.00 to RM 570.00, showing that most units are priced quite close to each other. With an IQR of RM 161.00 and MAD of RM 44, 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

6 transactions grouped by size

1,250 sqft
Service Apartment
RM 600,000
Level 11
1,259 sqft · RM 476 PSF
1,350 sqft
Service Apartment
RM 800,000
Level 7
1,370 sqft · RM 584 PSF
RM 665,000
Level 10
1,370 sqft · RM 485 PSF
RM 618,000
Level 19
1,335 sqft · RM 463 PSF
1,450 sqft
Service Apartment
RM 725,000
Level 26
1,468 sqft · RM 494 PSF
RM 800,000
Level 29
1,451 sqft · RM 551 PSF

No Properties For Sale

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

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