PUNCAK ERSKINE in Timur Laut, Penang recorded 28 subsale transactions in 2022, with a median price of RM 184K and a median price per square foot (PSF) of RM 305.
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 184K, with most transactions falling within a stable range of RM 163K to RM 204K, and a typical market range of RM 161K to RM 206K.
Most transactions involved low-cost flat, with minimal variety in property types.
The median PSF stands at RM 305, with core pricing between RM 270 and RM 339. Market pricing typically extends from RM 267.00 to RM 342.00, reflecting moderate variation in unit pricing. With an IQR of RM 75.00 and MAD of RM 35, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.
