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 355K to RM 300K, and a typical market range of RM 355K to RM 370K.

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

For price per square foot, the median is RM 323, with most transactions between RM 315 and RM 331. The usual range is RM 250.50 to RM 394.50, showing that most units are priced quite close to each other. With an IQR of RM 144.00 and MAD of RM 8, the PSF demonstrates reasonable consistency across the market.

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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