Penang
Timur Laut
Georgetown
BOULEVARD CONDOMINIUM

BOULEVARD CONDOMINIUM

Area Intelligence

2023

Median Price

RM 560,000

PSF: RM 534

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Residential PSF Trends

Median Price

RM 560,000

PSF: RM 534

BOULEVARD CONDOMINIUM in Timur Laut, Penang recorded 7 subsale transactions in 2023, with a median price of RM 560K 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 560K, with most transactions falling within a stable range of RM 480K to RM 771K, and a typical market range of RM 483K to RM 638K.

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

Price per square foot shows a median of RM 534, though individual units vary from RM 345 to RM 723 in the core range. The broader market spans RM 477.50 to RM 590.50, indicating diverse property characteristics. A wider spread (IQR: RM 113.00) and deviation (MAD: RM 189) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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BOULEVARD CONDOMINIUM, Timur Laut, Penang

OSM

Track location

Transactions

7 transactions found

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)

Clear

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

Min Size (sqft)

Max Size (sqft)

Clear

RM 480,000

Level 18

936 sqft • RM 513.00 PSF

Dec 2023

RM 560,000

Level 32

1,087 sqft • RM 515.00 PSF

Nov 2023

RM 485,000

Level 14

936 sqft • RM 518.00 PSF

Oct 2023

RM 800,000

Level 37

1,066 sqft • RM 751.00 PSF

Oct 2023

RM 1,100,000

Level 36

1,044 sqft • RM 1,054.00 PSF

Jul 2023

RM 500,000

Level 28

936 sqft • RM 534.00 PSF

Mar 2023

RM 655,000

Level 30

1,195 sqft • RM 548.00 PSF

Jan 2023

Road	Price	Land PSF	Land	Date	Type
Level 18	RM 480,000	RM 513.00	936 sqft	Dec 2023	Condo/Apartment
Level 32	RM 560,000	RM 515.00	1,087 sqft	Nov 2023	Condo/Apartment
Level 14	RM 485,000	RM 518.00	936 sqft	Oct 2023	Condo/Apartment
Level 37	RM 800,000	RM 751.00	1,066 sqft	Oct 2023	Condo/Apartment
Level 36	RM 1,100,000	RM 1,054.00	1,044 sqft	Jul 2023	Condo/Apartment
Level 28	RM 500,000	RM 534.00	936 sqft	Mar 2023	Condo/Apartment
Level 30	RM 655,000	RM 548.00	1,195 sqft	Jan 2023	Condo/Apartment