Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 1,000,000
|
RM 1,282
|
780 sqft
|
|
|
|
Level 2
|
RM 550,000
|
RM 705
|
780 sqft
|
|
|
Level 30
|
RM 605,000
|
RM 712
|
850 sqft
|
|
Condo |
|
Level 18
|
RM 498,000
|
RM 586
|
850 sqft
|
|
Condo |
|
Level 44
|
RM 630,000
|
RM 741
|
850 sqft
|
|
Condo |
|
Level 44
|
RM 560,000
|
RM 659
|
850 sqft
|
|
Condo |
|
Level 41
|
RM 575,000
|
RM 676
|
850 sqft
|
|
Condo |
|
Level 41
|
RM 455,000
|
RM 535
|
850 sqft
|
|
Condo |
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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 30 subsale transactions in 2024, with a median price of RM 555K and a median price per square foot (PSF) of RM 659.
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 555K, with most transactions falling within a stable range of RM 435K to RM 784K, and a typical market range of RM 505K to RM 605K.
Most transactions involved condominium/apartment, though some variety exists in the market.
Price per square foot shows a median of RM 659, though individual units vary from RM 443 to RM 874 in the core range. The broader market spans RM 597.43 to RM 720.18, indicating diverse property characteristics. A wider spread (IQR: RM 122.75) and deviation (MAD: RM 215) indicate significant PSF variations, likely due to diverse property types or conditions.
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. Moderate transaction volume may require patience when buying or selling.