THE STONE

THE STONE in Timur Laut, Penang recorded 15 subsale transactions in 2024, with a median price of RM 420K and a median price per square foot (PSF) of RM 420.

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 420K, with most transactions falling within a stable range of RM 399K to RM 441K, and a typical market range of RM 387K to RM 453K.

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

For price per square foot, the median is RM 420, with most transactions between RM 399 and RM 441. The usual range is RM 386.88 to RM 453.13, showing that most units are priced quite close to each other. With an IQR of RM 66.25 and MAD of RM 21, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.