3 RESIDENCE

Area Intelligence
2021
Median Price
RM 668,500
PSF: RM 765

Residential PSF Trends

Median Price

RM 668,500

PSF: RM 765

3 RESIDENCE in Timur Laut, Penang recorded 30 subsale transactions in 2021, with a median price of RM 669K and a median price per square foot (PSF) of RM 765.

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 669K, with most transactions falling within a stable range of RM 608K to RM 741K, and a typical market range of RM 618K to RM 719K.

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

For price per square foot, the median is RM 765, with most transactions between RM 737 and RM 793. The usual range is RM 741.50 to RM 788.50, 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 28 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. Moderate transaction volume may require patience when buying or selling.

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3 RESIDENCE, Timur Laut, Penang

OSM

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Transactions

30 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
1,050 sqft
Condo/Apartment
RM 840,000
Level 29
1,033 sqft · RM 813 PSF
RM 795,000
Level 46
1,033 sqft · RM 769 PSF
RM 812,000
Level 24
1,033 sqft · RM 786 PSF
RM 777,000
Level 11
1,033 sqft · RM 752 PSF
RM 802,000
Level 25
1,033 sqft · RM 776 PSF
RM 732,000
Level 8
1,033 sqft · RM 708 PSF
1,150 sqft
Condo/Apartment
RM 843,000
Level 7
1,173 sqft · RM 719 PSF

No Properties For Sale

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

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