CITY OF DREAMS

Area Intelligence
2022
Median Price
RM 2,529,000
PSF: RM 1,067

Residential PSF Trends

Median Price

RM 2,529,000

PSF: RM 1,067

CITY OF DREAMS in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM 2.53 million and a median price per square foot (PSF) of RM 1,067.

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 service apartment, with minimal variety in property types.

For price per square foot, the median is RM 1,067, with most transactions between RM 1,040 and RM 1,093. The usual range is RM 956.38 to RM 1,176.63, showing that most units are priced quite close to each other. With an IQR of RM 220.25 and MAD of RM 27, 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

2 transactions grouped by size

2,300 sqft
Service Apartment
RM 2,529,000
Level 34
2,314 sqft · RM 1,093 PSF
2,450 sqft
Service Apartment
RM 2,529,000
Level 35
2,433 sqft · RM 1,040 PSF

No Properties For Sale

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

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