Penang
Timur Laut
18
TAMAN SKYRIDGE

TAMAN SKYRIDGE

Area Intelligence

2024

Median Price

RM 460,000

PSF: RM 548

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Residential PSF Trends

Median Price

RM 460,000

PSF: RM 548

TAMAN SKYRIDGE in Timur Laut, Penang recorded 3 subsale transactions in 2024, with a median price of RM 460K and a median price per square foot (PSF) of RM 548.

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 460K, with most transactions falling within a stable range of RM 450K to RM 479K, and a typical market range of RM 450K to RM 495K.

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

For price per square foot, the median is RM 548, with most transactions between RM 525 and RM 571. The usual range is RM 513.75 to RM 582.25, showing that most units are priced quite close to each other. With an IQR of RM 68.50 and MAD of RM 23, 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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