ECO TERRACES

Area Intelligence
2022
Median Price
RM 800,000
PSF: RM 585

Residential PSF Trends

Median Price

RM 800,000

PSF: RM 585

ECO TERRACES in Timur Laut, Penang recorded 35 subsale transactions in 2022, with a median price of RM 800K and a median price per square foot (PSF) of RM 585.

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 800K, with most transactions falling within a stable range of RM 550K to RM 1.11 million, and a typical market range of RM 574K to RM 1.03 million.

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

Price per square foot shows a median of RM 585, though individual units vary from RM 395 to RM 775 in the core range. The broader market spans RM 422.25 to RM 747.75, indicating diverse property characteristics. A wider spread (IQR: RM 325.50) and deviation (MAD: RM 190) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.

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ECO TERRACES, Timur Laut, Penang

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Transactions

35 transactions grouped by size

1,100 sqft
Condo/Apartment
RM 649,000
Level 16
1,098 sqft · RM 591 PSF
RM 1,058,000
Level 24
1,098 sqft · RM 964 PSF
RM 839,000
Level 9
1,098 sqft · RM 764 PSF
RM 585,000
Level 16
1,098 sqft · RM 533 PSF
RM 575,000
Level 18
1,098 sqft · RM 524 PSF
RM 575,000
Level 19
1,098 sqft · RM 524 PSF
1,350 sqft
Condo/Apartment
RM 1,258,000
Level 24
1,367 sqft · RM 920 PSF
RM 800,000
Level 21
1,367 sqft · RM 585 PSF
RM 800,000
Level 19
1,367 sqft · RM 585 PSF
RM 788,000
Level 22
1,367 sqft · RM 576 PSF
RM 1,273,000
Level 32
1,367 sqft · RM 931 PSF
RM 800,000
Level 28
1,367 sqft · RM 585 PSF
1,500 sqft
Condo/Apartment
RM 1,518,000
Level 32
1,518 sqft · RM 1,000 PSF
RM 1,458,000
Level 14
1,518 sqft · RM 961 PSF
RM 1,438,000
Level 24
1,518 sqft · RM 947 PSF

No Properties For Sale

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

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