ALILA HOMES

ALILA HOMES in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM 845K and a median price per square foot (PSF) of RM 822.

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 845K, with most transactions falling within a stable range of RM 670K to RM 1.02 million, and a typical market range of RM 744K to RM 946K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 822, with core pricing between RM 665 and RM 979. Market pricing typically extends from RM 718.75 to RM 925.25, reflecting moderate variation in unit pricing. The spread of RM 206.50 (IQR) and deviation of RM 157 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.