Penang
Timur Laut
18
MIRA RESIDENCE

MIRA RESIDENCE

Area Intelligence

2021

Median Price

RM 940,000

PSF: RM 677

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Residential PSF Trends

Median Price

RM 940,000

PSF: RM 677

MIRA RESIDENCE in Timur Laut, Penang recorded 4 subsale transactions in 2021, with a median price of RM 940K and a median price per square foot (PSF) of RM 677.

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 940K, with most transactions falling within a stable range of RM 870K to RM 1.08 million, and a typical market range of RM 870K to RM 1.11 million.

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

The median PSF stands at RM 677, with core pricing between RM 604 and RM 750. Market pricing typically extends from RM 625.88 to RM 728.13, reflecting moderate variation in unit pricing. With an IQR of RM 102.25 and MAD of RM 73, 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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