LA FERRINGHI
Residential Market
Median Price
RM 835,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Terraced Factory
22 properties
Median Price
RM 752,500
-2.1% CAGR
Median PSF
RM 470.50
-2.1% CAGR
Condo/Apartment
12 properties
Median Price
RM 250,000
-3.8% CAGR
Median PSF
RM 298.00
-3.8% CAGR
Low-Cost Flat
7 properties
Median Price
RM 180,000
Median PSF
RM 269.00
-2.2% CAGR
3-Storey Storey Shop
6 properties
Median Price
RM 2,707,500
+13.0% CAGR
Median PSF
RM 1,265.50
-1.9% CAGR
Flat
1 properties
Median Price
RM 295,000
Median PSF
RM 305.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Terraced Factory | 22 |
RM 752,500
±25K MAD
|
-2.13% |
RM 470.50
±16 MAD
|
-2.11% | |
| Condo/Apartment | 12 |
RM 250,000
|
-3.77% |
RM 298.00
±4 MAD
|
-3.85% | |
| Low-Cost Flat | 7 |
RM 180,000
|
- |
RM 269.00
±3 MAD
|
-2.21% | |
| 3-Storey Storey Shop | 6 |
RM 2,707,500
±550K MAD
|
+13.05% |
RM 1,265.50
±37 MAD
|
-1.95% | |
| Flat | 1 |
RM 295,000
|
- |
RM 305.00
|
- |
LA FERRINGHI in Timur Laut, Penang recorded 1 subsale transactions in 2022, with a median price of RM 835K and a median price per square foot (PSF) of RM 467.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 467, with most transactions between RM 467 and RM 467. The usual range is RM 450.50 to RM 483.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 33.00 and an average deviation (MAD) of RM 0 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.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
SOLOK SUNGAI 1
|
RM 835,000
|
RM 467.00
|
1,787 sqft
|
Apr 2022
|