PUNCAK ERSKINE in Timur Laut, Penang recorded 24 subsale transactions in 2024, with a median price of RM 200K and a median price per square foot (PSF) of RM 317.
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 200K, with most transactions falling within a stable range of RM 160K to RM 240K, and a typical market range of RM 178K to RM 223K.
Most transactions involved low-cost flat, with minimal variety in property types.
Price per square foot shows a median of RM 317, though individual units vary from RM 253 to RM 380 in the core range. The broader market spans RM 279.00 to RM 354.00, indicating diverse property characteristics. The spread of RM 75.00 (IQR) and deviation of RM 63 (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.
