SIERRA EAST

Area Intelligence
2023
Median Price
RM 490,000
PSF: RM 392

Residential PSF Trends

Median Price

RM 490,000

PSF: RM 392

SIERRA EAST in Timur Laut, Penang recorded 5 subsale transactions in 2023, priced between RM 300K and RM 500K, with a median price of RM 490K and a median price per square foot (PSF) of RM 392.

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 490K, with most transactions falling within a stable range of RM 480K to RM 499K, and a typical market range of RM 470K to RM 499K.

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

For price per square foot, the median is RM 392, with most transactions between RM 384 and RM 401. The usual range is RM 322.69 to RM 462.19, showing that most units are priced quite close to each other. With an IQR of RM 139.50 and MAD of RM 8, 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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SIERRA EAST, Timur Laut, Penang

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Property Transactions

5 transactions grouped by size

1,250 sqft
Condo/Apartment
RM 499,000
Level 6
1,249 sqft · RM 400 PSF
RM 485,000
Level 10
1,249 sqft · RM 388 PSF
RM 490,000
Level 4
1,249 sqft · RM 392 PSF
RM 495,000
Level 6
1,249 sqft · RM 396 PSF
RM 470,000
Level 8
1,249 sqft · RM 376 PSF

No Properties For Sale

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

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