Penang
Timur Laut
13
SIERRA EAST

SIERRA EAST

Area Intelligence

2023

Median Price

RM 555,000

PSF: RM 444

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Residential PSF Trends

Median Price

RM 555,000

PSF: RM 444

SIERRA EAST in Timur Laut, Penang recorded 4 subsale transactions in 2023, priced between RM 500K and RM 750K, with a median price of RM 555K and a median price per square foot (PSF) of RM 444.

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 555K, with most transactions falling within a stable range of RM 545K to RM 606K, and a typical market range of RM 545K to RM 668K.

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

For price per square foot, the median is RM 444, with most transactions between RM 430 and RM 459. The usual range is RM 374.74 to RM 514.24, showing that most units are priced quite close to each other. With an IQR of RM 139.50 and MAD of RM 14, 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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