EDEN SQUARE

Area Intelligence

2023

Median Price

RM 280,000

PSF: RM 264

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Commercial PSF Trends

Median Price

RM 280,000

RM 264 PSF

EDEN SQUARE in Timur Laut, Penang recorded 3 subsale transactions in 2023, with a median price of RM 280K and a median price per square foot (PSF) of RM 264.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 280K, with most transactions falling within a stable range of RM 241K to RM 319K, and a typical market range of RM 256K to RM 304K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

For price per square foot, the median is RM 264, with most transactions between RM 245 and RM 283. The usual range is RM 252.50 to RM 275.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 23.00 and an average deviation (MAD) of RM 19 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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EDEN SQUARE, Timur Laut, Penang

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