PUNCAK ERSKINE in Timur Laut, Penang recorded 36 subsale transactions in 2023, with a median price of RM 180K and a median price per square foot (PSF) of RM 299.
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 180K, with most transactions falling within a stable range of RM 143K to RM 217K, and a typical market range of RM 158K to RM 203K.
Most transactions involved low-cost flat, with minimal variety in property types.
The median PSF stands at RM 299, with core pricing between RM 241 and RM 357. Market pricing typically extends from RM 261.50 to RM 336.50, reflecting moderate variation in unit pricing. The spread of RM 75.00 (IQR) and deviation of RM 58 (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. Moderate transaction volume may require patience when buying or selling.
