3 RESIDENCE

Area Intelligence
2021
Median Price
RM 650,000
PSF: RM 764

Residential PSF Trends

Median Price

RM 650,000

PSF: RM 764

3 RESIDENCE in Timur Laut, Penang recorded 19 subsale transactions in 2021, with a median price of RM 650K and a median price per square foot (PSF) of RM 764.

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 650K, with most transactions falling within a stable range of RM 630K to RM 670K, and a typical market range of RM 608K to RM 687K.

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

For price per square foot, the median is RM 764, with most transactions between RM 740 and RM 788. The usual range is RM 740.50 to RM 787.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 47.00 and an average deviation (MAD) of RM 24 indicate a highly stable PSF trend across properties.

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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3 RESIDENCE, Timur Laut, Penang

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Transactions

19 transactions grouped by size

850 sqft
Condo/Apartment
RM 687,000
Level 46
850 sqft · RM 808 PSF
RM 670,000
Level 46
850 sqft · RM 788 PSF
RM 666,000
Level 46
850 sqft · RM 783 PSF
RM 655,000
Level 46
850 sqft · RM 770 PSF
RM 631,000
Level 44
850 sqft · RM 742 PSF
RM 650,000
Level 23
850 sqft · RM 764 PSF

No Properties For Sale

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

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