THE OASIS

Area Intelligence

2023

Median Price

RM 510,000

PSF: RM 729

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Residential PSF Trends

Median Price

RM 510,000

PSF: RM 729

THE OASIS in Timur Laut, Penang recorded 6 subsale transactions in 2023, with a median price of RM 510K and a median price per square foot (PSF) of RM 729.

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 510K, with most transactions falling within a stable range of RM 484K to RM 563K, and a typical market range of RM 484K to RM 550K.

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

The median PSF stands at RM 729, with core pricing between RM 653 and RM 804. Market pricing typically extends from RM 668.00 to RM 789.00, reflecting moderate variation in unit pricing. With an IQR of RM 121.00 and MAD of RM 75, 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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THE OASIS, Timur Laut, Penang

OSM

Track location

Transactions

6 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)

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

Min Size (sqft)

Max Size (sqft)

Clear

RM 630,000

Level 9

700 sqft • RM 900.00 PSF

Dec 2023

RM 485,000

Level 9

700 sqft • RM 693.00 PSF

Nov 2023

RM 570,000

Level 26

700 sqft • RM 814.00 PSF

Sep 2023

RM 484,000

Level 7

700 sqft • RM 691.00 PSF

May 2023

RM 500,000

Level 26

700 sqft • RM 714.00 PSF

Apr 2023

RM 520,000

Level 5

700 sqft • RM 743.00 PSF

Jan 2023

Road	Price	Land PSF	Land	Date	Type
Level 9	RM 630,000	RM 900.00	700 sqft	Dec 2023	Condo/Apartment
Level 9	RM 485,000	RM 693.00	700 sqft	Nov 2023	Condo/Apartment
Level 26	RM 570,000	RM 814.00	700 sqft	Sep 2023	Condo/Apartment
Level 7	RM 484,000	RM 691.00	700 sqft	May 2023	Condo/Apartment
Level 26	RM 500,000	RM 714.00	700 sqft	Apr 2023	Condo/Apartment
Level 5	RM 520,000	RM 743.00	700 sqft	Jan 2023	Condo/Apartment