GURNEY PARAGON

Area Intelligence
2022
Median Price
RM 3,270,000
PSF: RM 1,007

Residential PSF Trends

Median Price

RM 3,270,000

PSF: RM 1,007

GURNEY PARAGON in Timur Laut, Penang recorded 5 subsale transactions in 2022, with a median price of RM 3.27 million and a median price per square foot (PSF) of RM 1,007.

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 3.27 million, with most transactions falling within a stable range of RM 2.60 million to RM 3.94 million, and a typical market range of RM 2.87 million to RM 3.67 million.

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

The median PSF stands at RM 1,007, with core pricing between RM 846 and RM 1,168. Market pricing typically extends from RM 926.88 to RM 1,087.13, reflecting moderate variation in unit pricing. The spread of RM 160.25 (IQR) and deviation of RM 161 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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GURNEY PARAGON, Timur Laut, Penang

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Transactions

5 transactions grouped by size

2,400 sqft
Condo/Apartment
RM 2,400,000
Level 8
2,400 sqft · RM 1,000 PSF
2,450 sqft
Condo/Apartment
RM 2,600,000
Level 29
2,443 sqft · RM 1,064 PSF
RM 3,270,000
Level 39
2,433 sqft · RM 1,344 PSF
4,200 sqft
Condo/Apartment
RM 3,600,000
Level 39
4,219 sqft · RM 853 PSF
RM 4,250,000
Level 28
4,219 sqft · RM 1,007 PSF

No Properties For Sale

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

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