Alila Horizons Condominium

Tanjung Tokong, 11200 Tanjung Bungah, Penang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM 776,500
PSF
RM 570
Price Size
1,350 sqft
Condo
RM 793,000
Level 12
1,356 sqft · RM 585 PSF
RM 760,000
Level 7
1,367 sqft · RM 556 PSF
Legend Recent Highest Price Highest PSF

Market Snapshot

Residential

RM 776,500

RM 570 psf

Median transaction price

Low

Rental Yield Data

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Alila Horizons Condominium
© OpenStreetMap · CARTO

Tanjung Tokong, 11200 Tanjung Bungah, Penang, Malaysia

Maps

Alila Horizons Condominium in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 777K and a median price per square foot (PSF) of RM 570.

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 777K, with most transactions falling within a stable range of RM 760K to RM 793K, and a typical market range of RM 760K to RM 793K.

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

For price per square foot, the median is RM 570, with most transactions between RM 556 and RM 585. The usual range is RM 545.83 to RM 594.83, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 49.00 and an average deviation (MAD) of RM 14 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.