THE PEAK RESIDENCE

Area Intelligence
2022
Median Price
RM 540,000
PSF: RM 521

Residential PSF Trends

Median Price

RM 540,000

PSF: RM 521

THE PEAK RESIDENCE in Timur Laut, Penang recorded 8 subsale transactions in 2022, with a median price of RM 540K and a median price per square foot (PSF) of RM 521.

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 540K, with most transactions falling within a stable range of RM 510K to RM 600K, and a typical market range of RM 510K to RM 585K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 521, with core pricing between RM 465 and RM 577. Market pricing typically extends from RM 473.25 to RM 568.75, reflecting moderate variation in unit pricing. With an IQR of RM 95.50 and MAD of RM 56, 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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THE PEAK RESIDENCE, Timur Laut, Penang

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Transactions

8 transactions grouped by size

1,000 sqft
Condo/Apartment
RM 630,000
Level 23
1,000 sqft · RM 630 PSF
RM 530,000
Level 31
1,000 sqft · RM 530 PSF
RM 528,000
Level 22
1,000 sqft · RM 528 PSF
RM 510,000
Level 32
1,000 sqft · RM 510 PSF
1,100 sqft
Condo/Apartment
RM 510,000
Level 2
1,100 sqft · RM 464 PSF
RM 690,000
Level 18
1,100 sqft · RM 627 PSF
RM 565,000
Level 34
1,100 sqft · RM 514 PSF
RM 550,000
Level 30
1,100 sqft · RM 500 PSF

No Properties For Sale

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

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