Eco Terraces
1088-01-01, Eco Terraces, Jln Paya Terubung, Paya Terubong, 11060 Ayer Itam, Pulau Pinang, Malaysia
1088-01-01, Eco Terraces, Jln Paya Terubung, Paya Terubong, 11060 Ayer Itam, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 12
|
RM 680,000
|
RM 619
|
1,098 sqft
|
|
|
|
Level 10
|
RM 792,000
|
RM 721
|
1,098 sqft
|
|
|
|
Level 22
|
RM 780,000
|
RM 710
|
1,098 sqft
|
|
|
|
Level 23
|
RM 560,000
|
RM 510
|
1,098 sqft
|
|
|
|
Level 11
|
RM 580,000
|
RM 528
|
1,098 sqft
|
|
|
Level 10
|
RM 955,000
|
RM 699
|
1,367 sqft
|
|
|
|
Level 26
|
RM 682,000
|
RM 499
|
1,367 sqft
|
|
|
|
Level 28
|
RM 718,000
|
RM 525
|
1,367 sqft
|
|
|
|
Level 31
|
RM 1,258,000
|
RM 920
|
1,367 sqft
|
|
|
Level 26
|
RM 1,168,000
|
RM 770
|
1,518 sqft
|
|
|
|
Level 27
|
RM 1,168,000
|
RM 770
|
1,518 sqft
|
|
|
|
Level 18
|
RM 1,158,000
|
RM 763
|
1,518 sqft
|
|
|
|
Level 31
|
RM 1,218,000
|
RM 803
|
1,518 sqft
|
|
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Market Snapshot
ResidentialRM 873,500
RM 716 psfMedian transaction price
1088-01-01, Eco Terraces, Jln Paya Terubung, Paya Terubong, 11060 Ayer Itam, Pulau Pinang, Malaysia
MapsEco 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 643K 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 592 and RM 840. Market pricing typically extends from RM 553.90 to RM 877.90, reflecting moderate variation in unit pricing. The spread of RM 324.00 (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.