SIERRA EAST

Area Intelligence
2023
Median Price
RM 499,000
PSF: RM 400

Residential PSF Trends

Median Price

RM 499,000

PSF: RM 400

SIERRA EAST in Timur Laut, Penang recorded 9 subsale transactions in 2023, priced between RM 300K and RM 750K, with a median price of RM 499K and a median price per square foot (PSF) of RM 400.

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 499K, with most transactions falling within a stable range of RM 470K to RM 557K, and a typical market range of RM 470K to RM 627K.

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

For price per square foot, the median is RM 400, with most transactions between RM 368 and RM 431. The usual range is RM 329.89 to RM 469.39, showing that most units are priced quite close to each other. With an IQR of RM 139.50 and MAD of RM 32, the PSF demonstrates reasonable consistency across the market.

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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Property Transactions

9 transactions grouped by size

1,250 sqft
Condo/Apartment
RM 545,000
Level 18
1,249 sqft · RM 436 PSF
RM 499,000
Level 6
1,249 sqft · RM 400 PSF
RM 550,000
Level 4
1,249 sqft · RM 440 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 560,000
Level 17
1,249 sqft · RM 448 PSF
RM 470,000
Level 8
1,249 sqft · RM 376 PSF
1,400 sqft
Condo/Apartment
RM 668,000
Level 6
1,410 sqft · RM 474 PSF

No Properties For Sale

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

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