RESIDENSI STRAITS @ SERI TANJUNG PINANG

Area Intelligence
2023
Median Price
RM 1,635,000
PSF: RM 1,211

Residential PSF Trends

Median Price

RM 1,635,000

PSF: RM 1,211

RESIDENSI STRAITS @ SERI TANJUNG PINANG in Timur Laut, Penang recorded 6 subsale transactions in 2023, with a median price of RM 1.64 million and a median price per square foot (PSF) of RM 1,211.

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 1.64 million, with most transactions falling within a stable range of RM 1.38 million to RM 1.67 million, and a typical market range of RM 1.57 million to RM 1.67 million.

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

For price per square foot, the median is RM 1,211, with most transactions between RM 1,171 and RM 1,251. The usual range is RM 1,170.13 to RM 1,251.88, showing that most units are priced quite close to each other. With an IQR of RM 81.75 and MAD of RM 40, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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RESIDENSI STRAITS @ SERI TANJUNG PINANG, Timur Laut, Penang

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Transactions

5 transactions grouped by size

850 sqft
Condo/Apartment
RM 1,000,000
Level 23
861 sqft · RM 1,161 PSF
1,300 sqft
Condo/Apartment
RM 1,600,000
Level 22
1,292 sqft · RM 1,239 PSF
RM 1,650,000
Level 26
1,292 sqft · RM 1,277 PSF
1,350 sqft
Condo/Apartment
RM 1,620,000
Level 18
1,356 sqft · RM 1,194 PSF
RM 1,666,000
Level 22
1,356 sqft · RM 1,228 PSF

No Properties For Sale

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

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