Penang
Timur Laut
18
MIRA RESIDENCE

MIRA RESIDENCE

Area Intelligence

2021

Median Price

RM 920,000

PSF: RM 644

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Residential PSF Trends

Median Price

RM 920,000

PSF: RM 644

MIRA RESIDENCE in Timur Laut, Penang recorded 3 subsale transactions in 2021, priced between RM 500K and RM 1.00 million, with a median price of RM 920K and a median price per square foot (PSF) of RM 644.

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 920K, with most transactions falling within a stable range of RM 883K to RM 957K, and a typical market range of RM 870K to RM 960K.

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

For price per square foot, the median is RM 644, with most transactions between RM 583 and RM 704. The usual range is RM 592.39 to RM 694.64, showing that most units are priced quite close to each other. With an IQR of RM 102.25 and MAD of RM 60, 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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MIRA RESIDENCE, Timur Laut, Penang

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