THE STRAITS REGENCY Property Investment Analysis

17, Timur Laut, Penang

Median Price
RM 667,500
CAGR
-6.9%
Median PSF
RM 434.00
CAGR
-6.9%
Transactions
2
Period
2022-2024

THE STRAITS REGENCY in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 668K and a median price per square foot (PSF) of RM 434.

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 668K, with most transactions falling within a stable range of RM 620K to RM 715K, and a typical market range of RM 644K to RM 691K.

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

For price per square foot, the median is RM 434, with most transactions between RM 403 and RM 465. The usual range is RM 418.50 to RM 449.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 31.00 and an average deviation (MAD) of RM 31 indicate a highly stable PSF trend across properties.

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.

ADVANCED FILTERS

TRANSACTIONS

2 found
Condominium/Apartment
RM 620,000
PSF: RM 403.00
Area: 1,539 sqft
Date: Dec 2024
Condominium/Apartment
RM 715,000
PSF: RM 465.00
Area: 1,539 sqft
Date: Sep 2022