ALILA 2

Area Intelligence
2023
Median Price
RM 2,255,500
PSF: RM 1,224

Residential PSF Trends

Median Price

RM 2,255,500

PSF: RM 1,224

ALILA 2 in Timur Laut, Penang recorded 12 subsale transactions in 2023, with a median price of RM 2.26 million and a median price per square foot (PSF) of RM 1,224.

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 2.26 million, with most transactions falling within a stable range of RM 1.72 million to RM 2.80 million, and a typical market range of RM 2.06 million to RM 2.45 million.

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

The median PSF stands at RM 1,224, with core pricing between RM 1,077 and RM 1,371. Market pricing typically extends from RM 1,094.38 to RM 1,353.63, reflecting moderate variation in unit pricing. With an IQR of RM 259.25 and MAD of RM 147, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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ALILA 2, Timur Laut, Penang

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Transactions

12 transactions grouped by size

1,700 sqft
Condo/Apartment
RM 2,266,000
Level 24
1,701 sqft · RM 1,332 PSF
RM 1,970,000
Level 31
1,701 sqft · RM 1,158 PSF
RM 2,245,000
Level 23
1,701 sqft · RM 1,320 PSF
RM 2,210,000
Level 24
1,701 sqft · RM 1,299 PSF
RM 1,630,000
Level 25
1,701 sqft · RM 958 PSF
RM 2,000,000
Level 18
1,701 sqft · RM 1,176 PSF
2,200 sqft
Condo/Apartment
RM 2,500,000
Level 28
2,196 sqft · RM 1,139 PSF
RM 2,600,000
Level 23
2,198 sqft · RM 1,183 PSF
3,000 sqft
Condo/Apartment
RM 3,800,000
Level 30
3,003 sqft · RM 1,265 PSF

No Properties For Sale

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

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