THE OASIS

Area Intelligence
2022
Median Price
RM 560,000
PSF: RM 757

Residential PSF Trends

Median Price

RM 560,000

PSF: RM 757

THE OASIS in Timur Laut, Penang recorded 0 subsale transactions in 2022, with a median price of RM 560K and a median price per square foot (PSF) of RM 757.

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 560K, with most transactions falling within a stable range of RM 520K to RM 600K, and a typical market range of RM 520K to RM 600K.

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

For price per square foot, the median is RM 757, with most transactions between RM 693 and RM 821. The usual range is RM 696.50 to RM 817.50, showing that most units are priced quite close to each other. With an IQR of RM 121.00 and MAD of RM 64, 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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