86 AVENUE RESIDENCE Property Investment Analysis

Georgetown, Timur Laut, Penang

Median Price
RM 677,500
CAGR
-1.8%
Median PSF
RM 533.50
CAGR
-10.2%
Transactions
6
Period
2022-2023

86 AVENUE RESIDENCE in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 678K and a median price per square foot (PSF) of RM 534.

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 678K, with most transactions falling within a stable range of RM 660K to RM 695K, and a typical market range of RM 659K to RM 696K.

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

For price per square foot, the median is RM 534, with most transactions between RM 511 and RM 557. The usual range is RM 495.50 to RM 571.50, showing that most units are priced quite close to each other. With an IQR of RM 76.00 and MAD of RM 23, the PSF demonstrates reasonable consistency across the market.

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.

ADVANCED FILTERS

TRANSACTIONS

6 found
Condominium/Apartment
RM 650,000
PSF: RM 629.00
Area: 1,033 sqft
Date: Dec 2023
Condominium/Apartment
RM 690,000
PSF: RM 530.00
Area: 1,302 sqft
Date: Sep 2023
Condominium/Apartment
RM 640,000
PSF: RM 491.00
Area: 1,302 sqft
Date: May 2023
Condominium/Apartment
RM 690,000
PSF: RM 530.00
Area: 1,302 sqft
Date: Apr 2023
Condominium/Apartment
RM 665,000
PSF: RM 644.00
Area: 1,033 sqft
Date: Jun 2022
Condominium/Apartment
RM 700,000
PSF: RM 537.00
Area: 1,302 sqft
Date: May 2022