ECO TERRACES in Timur Laut, Penang recorded 107 subsale transactions between 2021 and 2025, with a median price of RM 1.06 million and a median price per square foot (PSF) of RM 783.
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 1.06 million, with most transactions falling within a stable range of RM 877K to RM 1.24 million, and a typical market range of RM 832K to RM 1.28 million.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 783, with core pricing between RM 645 and RM 921. Market pricing typically extends from RM 620.25 to RM 945.75, reflecting moderate variation in unit pricing. The spread of RM 325.50 (IQR) and deviation of RM 138 (MAD) suggest moderate price variations reflecting different property features.
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. Steady transaction activity supports reliable market pricing.