3 RESIDENCE

Area Intelligence
2022
Median Price
RM 645,000
PSF: RM 759

Residential PSF Trends

Median Price

RM 645,000

PSF: RM 759

3 RESIDENCE in Timur Laut, Penang recorded 41 subsale transactions in 2022, with a median price of RM 645K and a median price per square foot (PSF) of RM 759.

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 645K, with most transactions falling within a stable range of RM 574K to RM 717K, and a typical market range of RM 595K to RM 695K.

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

For price per square foot, the median is RM 759, with most transactions between RM 725 and RM 793. The usual range is RM 735.50 to RM 782.50, 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 34 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

41 transactions grouped by size

850 sqft
Condo/Apartment
RM 635,000
Level 38
850 sqft · RM 747 PSF
RM 650,000
Level 23
850 sqft · RM 764 PSF
RM 615,000
Level 18
850 sqft · RM 723 PSF
RM 605,000
Level 38
850 sqft · RM 711 PSF
RM 650,000
Level 34
850 sqft · RM 764 PSF
RM 645,000
Level 29
850 sqft · RM 759 PSF
1,050 sqft
Condo/Apartment
RM 878,000
Level 30
1,033 sqft · RM 850 PSF
RM 800,000
Level 37
1,033 sqft · RM 774 PSF
RM 808,000
Level 34
1,033 sqft · RM 782 PSF
RM 850,000
Level 40
1,033 sqft · RM 823 PSF
RM 815,000
Level 24
1,033 sqft · RM 789 PSF
RM 805,000
Level 46
1,033 sqft · RM 779 PSF
RM 750,000
Level 35
1,033 sqft · RM 726 PSF

No Properties For Sale

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

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