TAMAN SKYRIDGE

Area Intelligence
2023
Median Price
RM 360,000
PSF: RM 500

Residential PSF Trends

Median Price

RM 360,000

PSF: RM 500

TAMAN SKYRIDGE in Timur Laut, Penang recorded 5 subsale transactions in 2023, with a median price of RM 360K and a median price per square foot (PSF) of RM 500.

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 360K, with most transactions falling within a stable range of RM 350K to RM 414K, and a typical market range of RM 350K to RM 403K.

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

For price per square foot, the median is RM 500, with most transactions between RM 468 and RM 532. The usual range is RM 465.75 to RM 534.25, showing that most units are priced quite close to each other. With an IQR of RM 68.50 and MAD of RM 32, 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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Transactions

4 transactions grouped by size

700 sqft
Flat
RM 350,000
Level 19
689 sqft · RM 508 PSF
750 sqft
Flat
RM 360,000
Level 14
743 sqft · RM 485 PSF
850 sqft
Flat
RM 485,000
Level 23
850 sqft · RM 570 PSF
RM 420,000
Level 30
840 sqft · RM 500 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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