MENARA RIVERVIEW
Residential Market
Median Price
RM 355,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Terraced
13 properties
Median Price
RM 394,500
-12.1% CAGR
Median PSF
RM 161.50
-30.9% CAGR
Single Storey Semi-D
1 properties
Median Price
RM 750,000
Median PSF
RM 127.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Single Storey Terraced | 13 |
RM 394,500
±26K MAD
|
-12.14% |
RM 161.50
±30 MAD
|
-30.89% | |
| Single Storey Semi-D | 1 |
RM 750,000
|
- |
RM 127.00
|
- |
MENARA RIVERVIEW in Timur Laut, Penang recorded 0 subsale transactions between 2021 and 2025, with a median price of RM 355K and a median price per square foot (PSF) of RM 378.
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 355K, with most transactions falling within a stable range of RM 340K to RM 370K, and a typical market range of RM 320K to RM 390K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM 378, with most transactions between RM 362 and RM 394. The usual range is RM 346.25 to RM 409.75, showing that most units are priced quite close to each other. With an IQR of RM 63.50 and MAD of RM 16, 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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