Penang
Timur Laut
13
N-PARK (TAMAN UTARA)

N-PARK (TAMAN UTARA)

Area Intelligence

2021

Median Price

RM 414,500

PSF: RM 593

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Residential PSF Trends

Median Price

RM 414,500

PSF: RM 593

N-PARK (TAMAN UTARA) in Timur Laut, Penang recorded 10 subsale transactions in 2021, with a median price of RM 415K and a median price per square foot (PSF) of RM 593.

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 415K, with most transactions falling within a stable range of RM 361K to RM 280K, and a typical market range of RM 340K to RM 280K.

Most transactions involved condominium/apartment, with moderate diversity in property types available.

For price per square foot, the median is RM 593, with most transactions between RM 538 and RM 647. The usual range is RM 485.50 to RM 699.50, showing that most units are priced quite close to each other. With an IQR of RM 214.00 and MAD of RM 55, 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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N-PARK (TAMAN UTARA), Timur Laut, Penang

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