FERINGGI RESIDENCE

Area Intelligence
2024
Median Price
RM 829,000
PSF: RM 672

Residential PSF Trends

Median Price

RM 829,000

PSF: RM 672

FERINGGI RESIDENCE in Timur Laut, Penang recorded 7 subsale transactions in 2024, with a median price of RM 829K and a median price per square foot (PSF) of RM 672.

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 829K, with most transactions falling within a stable range of RM 740K to RM 888K, and a typical market range of RM 780K to RM 878K.

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

The median PSF stands at RM 672, with core pricing between RM 559 and RM 785. Market pricing typically extends from RM 625.50 to RM 718.50, reflecting moderate variation in unit pricing. The spread of RM 93.00 (IQR) and deviation of RM 113 (MAD) suggest moderate price variations reflecting different property features.

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.

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FERINGGI RESIDENCE, Timur Laut, Penang

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Transactions

6 transactions grouped by size

1,200 sqft
Condo/Apartment
RM 816,000
Level 26
1,206 sqft · RM 677 PSF
RM 810,000
Level 24
1,206 sqft · RM 672 PSF
RM 829,000
Level 30
1,206 sqft · RM 688 PSF
1,500 sqft
Condo/Apartment
RM 852,000
Level 6
1,496 sqft · RM 569 PSF
1,650 sqft
Condo/Apartment
RM 610,000
Level 3
1,658 sqft · RM 368 PSF
1,700 sqft
Condo/Apartment
RM 888,000
Level G
1,679 sqft · RM 529 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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