Alila 2

Persiaran Lembah Permai, Tanjung Tokong, 11200 Tanjung Bungah, Pulau Pinang, Malaysia

Property Transactions

10 subsales grouped by size

Median
RM 2,335,000
PSF
RM 1,067
Price Size
Period
transactions middle 50% (P25–P75)
1,700 sqft
Condo
RM 2,302,000
Level 27
1,701 sqft · RM 1,354 PSF
RM 2,266,000
Level 22
1,701 sqft · RM 1,332 PSF
RM 1,668,000
Level 28
1,701 sqft · RM 981 PSF
2,200 sqft
Condo
RM 2,150,000
Level 11
2,196 sqft · RM 979 PSF
RM 2,368,000
Level 5
2,196 sqft · RM 1,078 PSF
RM 2,383,000
Level 6
2,196 sqft · RM 1,085 PSF
RM 2,550,000
Level 30
2,196 sqft · RM 1,161 PSF
RM 2,150,000
Level 12
2,196 sqft · RM 979 PSF
3,000 sqft
Condo
RM 3,158,000
Level 5
3,003 sqft · RM 1,052 PSF
RM 3,171,000
Level 6
3,003 sqft · RM 1,056 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 2,335,000

RM 1,067 psf

Median transaction price

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Persiaran Lembah Permai, Tanjung Tokong, 11200 Tanjung Bungah, Pulau Pinang, Malaysia

Maps

Alila 2 in Timur Laut, Penang recorded 10 subsale transactions in 2022, with a median price of RM 2.34 million and a median price per square foot (PSF) of RM 1,067.

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 2.34 million, with most transactions falling within a stable range of RM 1.90 million to RM 2.77 million, and a typical market range of RM 2.16 million to RM 2.51 million.

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

The median PSF stands at RM 1,067, with core pricing between RM 937 and RM 1,198. Market pricing typically extends from RM 938.15 to RM 1,196.15, reflecting moderate variation in unit pricing. With an IQR of RM 258.00 and MAD of RM 130, 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.