MIRA RESIDENCE

Area Intelligence
2023
Median Price
RM 1,268,000
PSF: RM 673

Residential PSF Trends

Median Price

RM 1,268,000

PSF: RM 673

MIRA RESIDENCE in Timur Laut, Penang recorded 3 subsale transactions in 2023, with a median price of RM 1.27 million and a median price per square foot (PSF) of RM 673.

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 1.27 million, with most transactions falling within a stable range of RM 1.03 million to RM 1.50 million, and a typical market range of RM 1.10 million to RM 1.44 million.

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

For price per square foot, the median is RM 673, with most transactions between RM 622 and RM 724. The usual range is RM 621.88 to RM 724.13, showing that most units are priced quite close to each other. With an IQR of RM 102.25 and MAD of RM 51, 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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Transactions

3 transactions grouped by size

1,350 sqft
Condo/Apartment
RM 910,000
Level 23
1,352 sqft · RM 673 PSF
1,650 sqft
Condo/Apartment
RM 1,268,000
Level 23
1,635 sqft · RM 776 PSF
2,250 sqft
Condo/Apartment
RM 1,500,000
Level 29
2,266 sqft · RM 662 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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