LIST

Penang, Timur Laut, Bdr Tanjung Pinang

CITY OF DREAMS

Area Intelligence
2023
Median Price
RM 1,500,000
PSF: RM 1,225
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Residential PSF Trends

Median Price

RM 1,500,000

PSF: RM 1,225

CITY OF DREAMS in Timur Laut, Penang recorded 13 subsale transactions in 2023, with a median price of RM 1.50 million and a median price per square foot (PSF) of RM 1,225.

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 1.50 million, with most transactions falling within a stable range of RM 1.20 million to RM 2.13 million, and a typical market range of RM 1.35 million to RM 1.65 million.

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

The median PSF stands at RM 1,225, with core pricing between RM 1,013 and RM 1,437. Market pricing typically extends from RM 1,114.88 to RM 1,335.13, reflecting moderate variation in unit pricing. The spread of RM 220.25 (IQR) and deviation of RM 212 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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CITY OF DREAMS, Timur Laut, Penang

OSM

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Transactions

13 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

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
Clear
1,100 sqft
Service Apartment
RM 1,500,000
Level 15
1,098 sqft · RM 1,366 PSF
RM 1,500,000
Level 23
1,098 sqft · RM 1,366 PSF
RM 1,250,000
Level 16
1,098 sqft · RM 1,139 PSF
1,150 sqft
Service Apartment
RM 1,198,000
Level 34
1,152 sqft · RM 1,040 PSF
1,200 sqft
Service Apartment
RM 1,645,000
Level 29
1,184 sqft · RM 1,389 PSF
RM 1,244,000
Level 34
1,184 sqft · RM 1,051 PSF
RM 1,244,000
Level 33
1,184 sqft · RM 1,051 PSF
RM 1,450,000
Level 34
1,184 sqft · RM 1,225 PSF
RM 1,370,000
Level 15
1,184 sqft · RM 1,157 PSF
RM 1,950,000
Level 33
1,184 sqft · RM 1,647 PSF
1,350 sqft
Service Apartment
RM 2,301,000
Level 16
1,335 sqft · RM 1,724 PSF
2,450 sqft
Service Apartment
RM 2,778,000
Level 35
2,433 sqft · RM 1,142 PSF
RM 3,300,000
Level 34
2,433 sqft · RM 1,357 PSF

No Properties For Sale

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

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