Penang
Timur Laut
17
FERINGGI RESIDENCE

FERINGGI RESIDENCE

Area Intelligence

2021

Median Price

RM 865,000

PSF: RM 555

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Residential PSF Trends

Median Price

RM 865,000

PSF: RM 555

FERINGGI RESIDENCE in Timur Laut, Penang recorded 16 subsale transactions in 2021, with a median price of RM 865K and a median price per square foot (PSF) of RM 555.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 555, with most transactions between RM 555 and RM 555. The usual range is RM 508.00 to RM 601.00, showing that most units are priced quite close to each other. With an IQR of RM 93.00 and MAD of RM 0, 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.

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FERINGGI RESIDENCE, Timur Laut, Penang

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