Penang
Timur Laut
Georgetown
MENARA RIVERVIEW

MENARA RIVERVIEW

Area Intelligence

Median Price

RM 292,500

PSF: RM 323

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Residential PSF Trends

Median Price

RM 292,500

PSF: RM 323

MENARA RIVERVIEW in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 293K and a median price per square foot (PSF) of RM 323.

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 293K, with most transactions falling within a stable range of RM 223K to RM 363K, and a typical market range of RM 215K to RM 370K.

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

The median PSF stands at RM 323, with core pricing between RM 259 and RM 386. Market pricing typically extends from RM 250.50 to RM 394.50, reflecting moderate variation in unit pricing. The spread of RM 144.00 (IQR) and deviation of RM 64 (MAD) suggest moderate price variations reflecting different property features.

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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MENARA RIVERVIEW, Timur Laut, Penang

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