CITY OF DREAMS

Area Intelligence

Median Price

RM 2,653,500

PSF: RM 1,118

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Residential PSF Trends

Median Price

RM 2,653,500

PSF: RM 1,118

CITY OF DREAMS in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 2.65 million and a median price per square foot (PSF) of RM 1,118.

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 2.65 million, with most transactions falling within a stable range of RM 2.53 million to RM 2.97 million, and a typical market range of RM 2.53 million to RM 2.80 million.

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

The median PSF stands at RM 1,118, with core pricing between RM 997 and RM 1,238. Market pricing typically extends from RM 1,007.38 to RM 1,227.63, reflecting moderate variation in unit pricing. With an IQR of RM 220.25 and MAD of RM 120, 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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CITY OF DREAMS, Timur Laut, Penang

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Transactions

4 transactions found

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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RM 2,778,000

Level 35

2,433 sqft • RM 1,142.00 PSF

Nov 2023

RM 3,300,000

Level 34

2,433 sqft • RM 1,357.00 PSF

Oct 2023

RM 2,529,000

Level 34

2,314 sqft • RM 1,093.00 PSF

Dec 2022

RM 2,529,000

Level 35

2,433 sqft • RM 1,040.00 PSF

Dec 2022

Road	Price	Land PSF	Land	Date	Type
Level 35	RM 2,778,000	RM 1,142.00	2,433 sqft	Nov 2023	Service Apartment
Level 34	RM 3,300,000	RM 1,357.00	2,433 sqft	Oct 2023	Service Apartment
Level 34	RM 2,529,000	RM 1,093.00	2,314 sqft	Dec 2022	Service Apartment
Level 35	RM 2,529,000	RM 1,040.00	2,433 sqft	Dec 2022	Service Apartment