THE LATITUDE Property Investment Analysis
PROPERTY TYPES OVERVIEW
2 - 2 1/2 Storey Terraced
31 properties
Median Price
RM 620,000
+2.2% CAGR
Median PSF
RM 429.00
Low-Cost Flat
22 properties
Median Price
RM 160,000
+6.3% CAGR
Median PSF
RM 248.00
+6.2% CAGR
2 - 2 1/2 Storey Semi-Detached
6 properties
Median Price
RM 805,000
-2.7% CAGR
Median PSF
RM 288.00
-0.9% CAGR
3 - 3 1/2 Storey Shop
2 properties
Median Price
RM 2,500,000
Median PSF
RM 687.00
2 - 2 1/2 Storey Shop
1 properties
Median Price
RM 2,000,000
Median PSF
RM 1,214.00
Property Type | Properties | Transactions | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|---|
2 - 2 1/2 Storey Terraced | 31 | 19,441,000 |
RM 620,000
±30K MAD
|
+2.17% |
RM 429.00
±14 MAD
|
- | |
Low-Cost Flat | 22 | 3,436,000 |
RM 160,000
±13K MAD
|
+6.28% |
RM 248.00
±20 MAD
|
+6.24% | |
2 - 2 1/2 Storey Semi-Detached | 6 | 5,275,000 |
RM 805,000
±5K MAD
|
-2.68% |
RM 288.00
±2 MAD
|
-0.86% | |
3 - 3 1/2 Storey Shop | 2 | 5,000,000 |
RM 2,500,000
|
- |
RM 687.00
|
- | |
2 - 2 1/2 Storey Shop | 1 | 2,000,000 |
RM 2,000,000
|
- |
RM 1,214.00
|
- |
THE LATITUDE in Timur Laut, Penang recorded 11 subsale transactions between 2021 and 2025, with a median price of RM 728K and a median price per square foot (PSF) of RM 475.
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 728K, with most transactions falling within a stable range of RM 696K to RM 760K, and a typical market range of RM 701K to RM 755K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 475, with most transactions between RM 450 and RM 500. The usual range is RM 453.25 to RM 496.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 43.50 and an average deviation (MAD) of RM 25 indicate a highly stable PSF trend across properties.
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.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Condominium/Apartment |
|
RM 710,000
|
RM 444.00
|
1,600 sqft
|
Jul 2024
|
Condominium/Apartment |
|
RM 800,000
|
RM 533.00
|
1,500 sqft
|
Apr 2024
|
Condominium/Apartment |
|
RM 730,000
|
RM 487.00
|
1,500 sqft
|
Oct 2023
|
Condominium/Apartment |
|
RM 720,000
|
RM 450.00
|
1,600 sqft
|
Jun 2023
|
Condominium/Apartment |
|
RM 675,000
|
RM 450.00
|
1,500 sqft
|
Mar 2023
|
Condominium/Apartment |
|
RM 650,000
|
RM 433.00
|
1,500 sqft
|
Mar 2023
|
Condominium/Apartment |
|
RM 800,000
|
RM 533.00
|
1,500 sqft
|
Dec 2022
|
Condominium/Apartment |
|
RM 750,000
|
RM 500.00
|
1,500 sqft
|
Nov 2022
|
Condominium/Apartment |
|
RM 693,000
|
RM 462.00
|
1,500 sqft
|
Oct 2022
|
Condominium/Apartment |
|
RM 728,000
|
RM 485.00
|
1,500 sqft
|
Aug 2022
|
Condominium/Apartment |
|
RM 760,000
|
RM 475.00
|
1,600 sqft
|
Oct 2021
|