THE LATITUDE

Area Intelligence
Service Apartment
Median Price
RM 728,000
PSF: RM 475

Residential PSF Trends

Median Price

RM 728,000

PSF: RM 475

THE LATITUDE in Timur Laut, Penang recorded 0 Service Apartment properties subsale transactions between 2021 and 2025 for service apartment properties, 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.

Within the Service Apartment category, condominium/apartment dominated the market, 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.

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THE LATITUDE, Timur Laut, Penang

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