THE VIEW Property Investment Analysis

13, Timur Laut, Penang

Median Price
RM 877,500
CAGR
+6.8%
Median PSF
RM 393.00
CAGR
+7.1%
Transactions
6
Period
2022-2024

THE VIEW in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 878K and a median price per square foot (PSF) of RM 393.

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 878K, with most transactions falling within a stable range of RM 790K to RM 965K, and a typical market range of RM 806K to RM 949K.

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

For price per square foot, the median is RM 393, with most transactions between RM 360 and RM 426. The usual range is RM 364.75 to RM 421.25, showing that most units are priced quite close to each other. With an IQR of RM 56.50 and MAD of RM 33, 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.

ADVANCED FILTERS

TRANSACTIONS

6 found
Condominium/Apartment
RM 900,000
PSF: RM 431.00
Area: 2,088 sqft
Date: Aug 2024
Condominium/Apartment
RM 855,000
PSF: RM 407.00
Area: 2,099 sqft
Date: Jul 2024
Condominium/Apartment
RM 1,250,000
PSF: RM 323.00
Area: 3,875 sqft
Date: Sep 2023
Condominium/Apartment
RM 975,000
PSF: RM 462.00
Area: 2,110 sqft
Date: May 2023
Condominium/Apartment
RM 800,000
PSF: RM 379.00
Area: 2,110 sqft
Date: Mar 2023
Condominium/Apartment
RM 770,000
PSF: RM 365.00
Area: 2,110 sqft
Date: Jan 2022