THE PEAK RESIDENCE

Area Intelligence
2023
Median Price
RM 570,000
PSF: RM 535

Residential PSF Trends

Median Price

RM 570,000

PSF: RM 535

THE PEAK RESIDENCE in Timur Laut, Penang recorded 10 subsale transactions in 2023, with a median price of RM 570K and a median price per square foot (PSF) of RM 535.

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 570K, with most transactions falling within a stable range of RM 470K to RM 676K, and a typical market range of RM 525K to RM 615K.

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

The median PSF stands at RM 535, with core pricing between RM 457 and RM 613. Market pricing typically extends from RM 487.25 to RM 582.75, reflecting moderate variation in unit pricing. With an IQR of RM 95.50 and MAD of RM 78, 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

10 transactions grouped by size

1,000 sqft
Condo/Apartment
RM 543,000
Level 17
1,000 sqft · RM 543 PSF
RM 470,000
Level 29
1,000 sqft · RM 470 PSF
RM 560,000
Level 29
1,000 sqft · RM 560 PSF
1,100 sqft
Condo/Apartment
RM 720,000
Level 26
1,100 sqft · RM 655 PSF
RM 580,000
Level 27
1,100 sqft · RM 527 PSF
RM 554,000
Level 33
1,100 sqft · RM 504 PSF
RM 650,000
Level 33
1,100 sqft · RM 591 PSF
RM 760,000
Level 20
1,100 sqft · RM 691 PSF
RM 495,000
Level 34
1,100 sqft · RM 450 PSF
1,750 sqft
Condo/Apartment
RM 788,000
Level 21
1,750 sqft · RM 450 PSF

No Properties For Sale

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

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