THE PEAK RESIDENCE

Area Intelligence
2024
Median Price
RM 560,000
PSF: RM 560

Residential PSF Trends

Median Price

RM 560,000

PSF: RM 560

THE PEAK RESIDENCE in Timur Laut, Penang recorded 9 subsale transactions in 2024, with a median price of RM 560K and a median price per square foot (PSF) of RM 560.

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 560K, with most transactions falling within a stable range of RM 510K to RM 610K, and a typical market range of RM 515K to RM 605K.

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

For price per square foot, the median is RM 560, with most transactions between RM 510 and RM 610. The usual range is RM 512.25 to RM 607.75, showing that most units are priced quite close to each other. With an IQR of RM 95.50 and MAD of RM 50, 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

9 transactions grouped by size

1,000 sqft
Condo/Apartment
RM 520,000
Level 24
1,000 sqft · RM 520 PSF
RM 600,000
Level 3
1,000 sqft · RM 600 PSF
RM 600,000
Level 25
1,000 sqft · RM 600 PSF
RM 560,000
Level 6
1,000 sqft · RM 560 PSF
RM 480,000
Level 11
1,000 sqft · RM 480 PSF
RM 500,000
Level 11
1,000 sqft · RM 500 PSF

No Properties For Sale

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

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