RESIDENSI STRAITS @ SERI TANJUNG PINANG

RESIDENSI STRAITS @ SERI TANJUNG PINANG in Timur Laut, Penang recorded 15 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment properties, with a median price of RM 1.63 million and a median price per square foot (PSF) of RM 1,224.

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 1.63 million, with most transactions falling within a stable range of RM 1.39 million to RM 1.87 million, and a typical market range of RM 1.57 million to RM 1.69 million.

Within the Condo/Apartment category, condominium/apartment dominated the market, with minimal variety in property types.

For price per square foot, the median is RM 1,224, with most transactions between RM 1,148 and RM 1,300. The usual range is RM 1,183.13 to RM 1,264.88, showing that most units are priced quite close to each other. With an IQR of RM 81.75 and MAD of RM 76, 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.