3 RESIDENCE

Area Intelligence

2022

Median Price

RM 808,000

PSF: RM 782

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Residential PSF Trends

Median Price

RM 808,000

PSF: RM 782

3 RESIDENCE in Timur Laut, Penang recorded 7 subsale transactions in 2022, with a median price of RM 808K and a median price per square foot (PSF) of RM 782.

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 808K, with most transactions falling within a stable range of RM 771K to RM 845K, and a typical market range of RM 758K to RM 858K.

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

For price per square foot, the median is RM 782, with most transactions between RM 746 and RM 818. The usual range is RM 758.50 to RM 805.50, 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 36 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

7 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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Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

1,050 sqft

Condo/Apartment

1,050 sqft

Condo/Apartment

RM 878,000

Level 30

1,033 sqft · RM 850 PSF

Nov 2022

RM 808,000

Level 34

1,033 sqft · RM 782 PSF

Aug 2022

RM 800,000

Level 37

1,033 sqft · RM 774 PSF

Aug 2022

RM 815,000

Level 24

1,033 sqft · RM 789 PSF

Jul 2022

RM 850,000

Level 40

1,033 sqft · RM 823 PSF

Jul 2022

RM 805,000

Level 46

1,033 sqft · RM 779 PSF

Apr 2022

RM 750,000

Level 35

1,033 sqft · RM 726 PSF

Mar 2022

Level 30	RM 878,000	RM 850	1,033 sqft	Nov 2022
Level 34	RM 808,000	RM 782	1,033 sqft	Aug 2022
Level 37	RM 800,000	RM 774	1,033 sqft	Aug 2022
Level 24	RM 815,000	RM 789	1,033 sqft	Jul 2022
Level 40	RM 850,000	RM 823	1,033 sqft	Jul 2022
Level 46	RM 805,000	RM 779	1,033 sqft	Apr 2022
Level 35	RM 750,000	RM 726	1,033 sqft	Mar 2022