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 1.03 million to RM 945K, and a typical market range of RM 1.03 million to RM 1.03 million.

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

For price per square foot, the median is RM 585, with most transactions between RM 559 and RM 611. The usual range is RM 422.25 to RM 747.75, showing that most units are priced quite close to each other. With an IQR of RM 325.50 and MAD of RM 26, the PSF demonstrates reasonable consistency across the market.

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

OSM

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Transactions

13 transactions grouped by size

1,100 sqft
Condo/Apartment
RM 1,058,000
Level 24
1,098 sqft · RM 964 PSF
RM 1,058,000
Level 24
1,098 sqft · RM 964 PSF
RM 1,028,000
Level 24
1,098 sqft · RM 936 PSF
1,350 sqft
Condo/Apartment
RM 1,258,000
Level 24
1,367 sqft · RM 920 PSF
RM 1,273,000
Level 32
1,367 sqft · RM 931 PSF
RM 1,243,000
Level 24
1,367 sqft · RM 909 PSF
RM 1,248,000
Level 30
1,367 sqft · RM 913 PSF
RM 1,273,000
Level 30
1,367 sqft · RM 931 PSF
RM 1,248,000
Level 31
1,367 sqft · RM 913 PSF
RM 1,248,000
Level 31
1,367 sqft · RM 913 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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