Penang
Timur Laut
13
SIERRA EAST

SIERRA EAST

Area Intelligence

2024

Median Price

RM 467,000

PSF: RM 467

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Residential PSF Trends

Median Price

RM 467,000

PSF: RM 467

SIERRA EAST in Timur Laut, Penang recorded 2 subsale transactions in 2024, priced between RM 300K and RM 500K, with a median price of RM 467K and a median price per square foot (PSF) of RM 467.

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 467K, with most transactions falling within a stable range of RM 439K to RM 495K, and a typical market range of RM 439K to RM 495K.

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

The median PSF stands at RM 467, with core pricing between RM 396 and RM 537. Market pricing typically extends from RM 396.79 to RM 536.29, reflecting moderate variation in unit pricing. The spread of RM 139.50 (IQR) and deviation of RM 70 (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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SIERRA EAST, Timur Laut, Penang

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