Penang
Timur Laut
Georgetown
MENARA GREENVIEW

MENARA GREENVIEW

Area Intelligence

2022

Median Price

RM 496,500

PSF: RM 401

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Residential PSF Trends

Median Price

RM 496,500

PSF: RM 401

MENARA GREENVIEW in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM 497K and a median price per square foot (PSF) of RM 401.

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 497K, with most transactions falling within a stable range of RM 480K to RM 513K, and a typical market range of RM 480K to RM 513K.

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

For price per square foot, the median is RM 401, with most transactions between RM 388 and RM 414. The usual range is RM 376.00 to RM 426.00, showing that most units are priced quite close to each other. With an IQR of RM 50.00 and MAD of RM 13, 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.

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MENARA GREENVIEW, Timur Laut, Penang

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