THE OASIS

Area Intelligence

2021

Median Price

RM 545,000

PSF: RM 779

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Residential PSF Trends

Median Price

RM 545,000

PSF: RM 779

THE OASIS in Timur Laut, Penang recorded 6 subsale transactions in 2021, with a median price of RM 545K and a median price per square foot (PSF) of RM 779.

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 545K, with most transactions falling within a stable range of RM 505K to RM 585K, and a typical market range of RM 505K to RM 585K.

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

For price per square foot, the median is RM 779, with most transactions between RM 721 and RM 836. The usual range is RM 718.00 to RM 839.00, showing that most units are priced quite close to each other. With an IQR of RM 121.00 and MAD of RM 58, 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

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Transactions

6 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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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

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Road	Price	Land PSF	Land	Date	Type

700 sqft

RM 477,000

Level 32

700 sqft · RM 681 PSF

Dec 2021

RM 560,000

Level 5

700 sqft · RM 800 PSF

Nov 2021

RM 500,000

Level 28

700 sqft · RM 714 PSF

Nov 2021

RM 590,000

Level 7

700 sqft · RM 843 PSF

Nov 2021

RM 530,000

Level 4

700 sqft · RM 757 PSF

Aug 2021

RM 575,000

Level 24

700 sqft · RM 821 PSF

May 2021

Level 32	RM 477,000	RM 681	700 sqft	Dec 2021	Condo/Apartment
Level 5	RM 560,000	RM 800	700 sqft	Nov 2021	Condo/Apartment
Level 28	RM 500,000	RM 714	700 sqft	Nov 2021	Condo/Apartment
Level 7	RM 590,000	RM 843	700 sqft	Nov 2021	Flat
Level 4	RM 530,000	RM 757	700 sqft	Aug 2021	Condo/Apartment
Level 24	RM 575,000	RM 821	700 sqft	May 2021	Condo/Apartment