ECO TERRACES

Area Intelligence
2023
Median Price
RM 873,500
PSF: RM 716

Residential PSF Trends

Median Price

RM 873,500

PSF: RM 716

ECO TERRACES in Timur Laut, Penang recorded 14 subsale transactions in 2023, with a median price of RM 874K and a median price per square foot (PSF) of RM 716.

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 874K, with most transactions falling within a stable range of RM 1.16 million to RM 912K, and a typical market range of RM 1.16 million to RM 1.10 million.

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

For price per square foot, the median is RM 716, with most transactions between RM 656 and RM 775. The usual range is RM 552.75 to RM 878.25, showing that most units are priced quite close to each other. With an IQR of RM 325.50 and MAD of RM 59, 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.

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ECO TERRACES, Timur Laut, Penang

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Transactions

5 transactions grouped by size

1,350 sqft
Condo/Apartment
RM 1,258,000
Level 31
1,367 sqft · RM 920 PSF
1,500 sqft
Condo/Apartment
RM 1,168,000
Level 26
1,518 sqft · RM 770 PSF
RM 1,168,000
Level 27
1,518 sqft · RM 770 PSF
RM 1,158,000
Level 18
1,518 sqft · RM 763 PSF
RM 1,218,000
Level 31
1,518 sqft · RM 803 PSF

No Properties For Sale

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

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