MENARA KUDA LARI

Area Intelligence
2024
Median Price
RM 402,000
PSF: RM 505

Residential PSF Trends

Median Price

RM 402,000

PSF: RM 505

MENARA KUDA LARI in Timur Laut, Penang recorded 4 subsale transactions in 2024, with a median price of RM 402K and a median price per square foot (PSF) of RM 505.

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 402K, with most transactions falling within a stable range of RM 366K to RM 438K, and a typical market range of RM 372K to RM 432K.

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

For price per square foot, the median is RM 505, with most transactions between RM 460 and RM 550. The usual range is RM 467.50 to RM 542.50, showing that most units are priced quite close to each other. With an IQR of RM 75.00 and MAD of RM 45, 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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