Penang
Timur Laut
18
THE PEAK RESIDENCE

THE PEAK RESIDENCE

Area Intelligence

2023

Median Price

RM 650,000

PSF: RM 527

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Residential PSF Trends

Median Price

RM 650,000

PSF: RM 527

THE PEAK RESIDENCE in Timur Laut, Penang recorded 7 subsale transactions in 2023, with a median price of RM 650K and a median price per square foot (PSF) of RM 527.

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 650K, with most transactions falling within a stable range of RM 547K to RM 753K, and a typical market range of RM 605K to RM 695K.

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

The median PSF stands at RM 527, with core pricing between RM 438 and RM 616. Market pricing typically extends from RM 479.25 to RM 574.75, reflecting moderate variation in unit pricing. The spread of RM 95.50 (IQR) and deviation of RM 89 (MAD) suggest moderate price variations reflecting different property features.

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

7 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

1,100 sqft

Condo/Apartment

1,100 sqft

Condo/Apartment

RM 720,000

Level 26

1,100 sqft · RM 655 PSF

Nov 2023

RM 580,000

Level 27

1,100 sqft · RM 527 PSF

Nov 2023

RM 554,000

Level 33

1,100 sqft · RM 504 PSF

May 2023

RM 650,000

Level 33

1,100 sqft · RM 591 PSF

May 2023

RM 760,000

Level 20

1,100 sqft · RM 691 PSF

Jan 2023

RM 495,000

Level 34

1,100 sqft · RM 450 PSF

Jan 2023

Level 26	RM 720,000	RM 655	1,100 sqft	Nov 2023
Level 27	RM 580,000	RM 527	1,100 sqft	Nov 2023
Level 33	RM 554,000	RM 504	1,100 sqft	May 2023
Level 33	RM 650,000	RM 591	1,100 sqft	May 2023
Level 20	RM 760,000	RM 691	1,100 sqft	Jan 2023
Level 34	RM 495,000	RM 450	1,100 sqft	Jan 2023