Penang
Timur Laut
18
TAMAN SKYRIDGE

TAMAN SKYRIDGE

Area Intelligence

2022

Median Price

RM 410,000

PSF: RM 414

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Residential PSF Trends

Median Price

RM 410,000

PSF: RM 414

TAMAN SKYRIDGE in Timur Laut, Penang recorded 3 subsale transactions in 2022, with a median price of RM 410K and a median price per square foot (PSF) of RM 414.

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 410K, with most transactions falling within a stable range of RM 410K to RM 416K, and a typical market range of RM 410K to RM 422K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM 414, with core pricing between RM 372 and RM 456. Market pricing typically extends from RM 379.75 to RM 448.25, reflecting moderate variation in unit pricing. With an IQR of RM 68.50 and MAD of RM 42, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SKYRIDGE, Timur Laut, Penang

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