Penang
Timur Laut
13
ECO TERRACES

ECO TERRACES

Area Intelligence

2023

Median Price

RM 873,500

PSF: RM 716

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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 631K to RM 1.12 million, and a typical market range of RM 648K to RM 1.10 million.

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

The median PSF stands at RM 716, with core pricing between RM 591 and RM 840. Market pricing typically extends from RM 552.75 to RM 878.25, reflecting moderate variation in unit pricing. The spread of RM 325.50 (IQR) and deviation of RM 124 (MAD) suggest moderate price variations reflecting different property features.

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. Limited transaction history suggests carefully evaluating comparable sales data.

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ECO TERRACES, Timur Laut, Penang

OSM

Track location

Transactions

14 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

Road	Price	Land PSF	Land	Date	Type

1,100 sqft

Condo/Apartment

1,100 sqft

Condo/Apartment

RM 680,000

Level 12

1,098 sqft · RM 619 PSF

Oct 2023

RM 792,000

Level 10

1,098 sqft · RM 721 PSF

Apr 2023

RM 780,000

Level 22

1,098 sqft · RM 710 PSF

Mar 2023

RM 560,000

Level 23

1,098 sqft · RM 510 PSF

Feb 2023

RM 580,000

Level 11

1,098 sqft · RM 528 PSF

Jan 2023

Level 12	RM 680,000	RM 619	1,098 sqft	Oct 2023
Level 10	RM 792,000	RM 721	1,098 sqft	Apr 2023
Level 22	RM 780,000	RM 710	1,098 sqft	Mar 2023
Level 23	RM 560,000	RM 510	1,098 sqft	Feb 2023
Level 11	RM 580,000	RM 528	1,098 sqft	Jan 2023

1,300 sqft

Condo/Apartment

1,300 sqft

Condo/Apartment

RM 970,000

Level 8

1,292 sqft · RM 751 PSF

Sep 2023

Level 8

RM 970,000

RM 751

1,292 sqft

Sep 2023

1,350 sqft

Condo/Apartment

1,350 sqft

Condo/Apartment

RM 955,000

Level 10

1,367 sqft · RM 699 PSF

Oct 2023

RM 682,000

Level 26

1,367 sqft · RM 499 PSF

Jul 2023

RM 718,000

Level 28

1,367 sqft · RM 525 PSF

May 2023

RM 1,258,000

Level 31

1,367 sqft · RM 920 PSF

Feb 2023

Level 10	RM 955,000	RM 699	1,367 sqft	Oct 2023
Level 26	RM 682,000	RM 499	1,367 sqft	Jul 2023
Level 28	RM 718,000	RM 525	1,367 sqft	May 2023
Level 31	RM 1,258,000	RM 920	1,367 sqft	Feb 2023

1,500 sqft

Condo/Apartment

1,500 sqft

Condo/Apartment

RM 1,168,000

Level 26

1,518 sqft · RM 770 PSF

Nov 2023

RM 1,168,000

Level 27

1,518 sqft · RM 770 PSF

Nov 2023

RM 1,158,000

Level 18

1,518 sqft · RM 763 PSF

Oct 2023

RM 1,218,000

Level 31

1,518 sqft · RM 803 PSF

Sep 2023

Level 26	RM 1,168,000	RM 770	1,518 sqft	Nov 2023
Level 27	RM 1,168,000	RM 770	1,518 sqft	Nov 2023
Level 18	RM 1,158,000	RM 763	1,518 sqft	Oct 2023
Level 31	RM 1,218,000	RM 803	1,518 sqft	Sep 2023