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Clear All FiltersKopitiam is the corner kopi shop where neighbours lepak, sembang, and catch up..
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Market Snapshot
ResidentialRM 545,000
RM 641 psfMedian transaction price
Persiaran Bayan Mutiara 3, 11700 Gelugor, Pulau Pinang, Malaysia
MapsThe Zen in Timur Laut, Penang recorded 0 subsale transactions in 2021, with a median price of RM 550K and a median price per square foot (PSF) of RM 653.
This area contains both residential and commercial properties. View 33 residential properties or 5 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 550K, with most transactions falling within a stable range of RM 497K to RM 604K, and a typical market range of RM 500K to RM 600K.
Most transactions involved condominium/apartment, though some variety exists in the market.
The median PSF stands at RM 653, with core pricing between RM 587 and RM 720. Market pricing typically extends from RM 591.63 to RM 714.38, reflecting moderate variation in unit pricing. With an IQR of RM 122.75 and MAD of RM 67, 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.