Penang
Timur Laut
Georgetown
MENARA KUDA LARI

MENARA KUDA LARI

Area Intelligence

2023

Median Price

RM 370,000

PSF: RM 465

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Residential PSF Trends

Median Price

RM 370,000

PSF: RM 465

MENARA KUDA LARI in Timur Laut, Penang recorded 3 subsale transactions in 2023, with a median price of RM 370K and a median price per square foot (PSF) of RM 465.

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 370K, with most transactions falling within a stable range of RM 350K to RM 409K, and a typical market range of RM 350K to RM 400K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM 465, with core pricing between RM 417 and RM 513. Market pricing typically extends from RM 427.50 to RM 502.50, reflecting moderate variation in unit pricing. With an IQR of RM 75.00 and MAD of RM 48, 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 KUDA LARI, Timur Laut, Penang

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