FERINGGI RESIDENCE

FERINGGI RESIDENCE in Timur Laut, Penang recorded 18 subsale transactions between 2021 and 2025, with a median price of RM 879K and a median price per square foot (PSF) of RM 563.

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 879K, with most transactions falling within a stable range of RM 765K to RM 993K, and a typical market range of RM 830K to RM 928K.

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

The median PSF stands at RM 563, with core pricing between RM 490 and RM 636. Market pricing typically extends from RM 516.50 to RM 609.50, reflecting moderate variation in unit pricing. With an IQR of RM 93.00 and MAD of RM 73, 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.