3 RESIDENCE

Area Intelligence

2023

Median Price

RM 663,000

PSF: RM 780

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Residential PSF Trends

Median Price

RM 663,000

PSF: RM 780

3 RESIDENCE in Timur Laut, Penang recorded 12 subsale transactions in 2023, with a median price of RM 663K and a median price per square foot (PSF) of RM 780.

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 663K, with most transactions falling within a stable range of RM 622K to RM 704K, and a typical market range of RM 613K to RM 710K.

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

For price per square foot, the median is RM 780, with most transactions between RM 731 and RM 828. The usual range is RM 756.00 to RM 803.00, 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 48 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

12 transactions grouped by size

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)

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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

Custom Range

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Road	Price	Land PSF	Land	Date	Type

850 sqft

Condo/Apartment

850 sqft

Condo/Apartment

RM 680,000

Level 45

850 sqft · RM 800 PSF

Dec 2023

RM 710,000

Level 15

850 sqft · RM 835 PSF

Nov 2023

RM 700,000

Level 26

850 sqft · RM 823 PSF

Aug 2023

RM 670,000

Level 28

850 sqft · RM 788 PSF

Jun 2023

RM 660,000

Level 41

850 sqft · RM 776 PSF

Jun 2023

RM 655,000

Level 42

850 sqft · RM 770 PSF

Jun 2023

Level 45	RM 680,000	RM 800	850 sqft	Dec 2023
Level 15	RM 710,000	RM 835	850 sqft	Nov 2023
Level 26	RM 700,000	RM 823	850 sqft	Aug 2023
Level 28	RM 670,000	RM 788	850 sqft	Jun 2023
Level 41	RM 660,000	RM 776	850 sqft	Jun 2023
Level 42	RM 655,000	RM 770	850 sqft	Jun 2023