PUNCAK ERSKINE in Timur Laut, Penang recorded 5 subsale transactions in 2021, with a median price of RM 155K and a median price per square foot (PSF) of RM 257.
This area contains both residential and commercial properties. View 93 residential properties or 2 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 155K, with most transactions falling within a stable range of RM 130K to RM 180K, and a typical market range of RM 133K to RM 178K.
Most transactions involved low-cost flat, with minimal variety in property types.
The median PSF stands at RM 257, with core pricing between RM 216 and RM 298. Market pricing typically extends from RM 219.50 to RM 294.50, reflecting moderate variation in unit pricing. The spread of RM 75.00 (IQR) and deviation of RM 41 (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.
