MIDLANDS CONDO

Area Intelligence
2024
Median Price
RM 339,000
PSF: RM 444

Residential PSF Trends

Median Price

RM 339,000

PSF: RM 444

MIDLANDS CONDO in Timur Laut, Penang recorded 2 subsale transactions in 2024, with a median price of RM 339K and a median price per square foot (PSF) of RM 444.

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 339K, with most transactions falling within a stable range of RM 318K to RM 360K, and a typical market range of RM 324K to RM 354K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 444, with most transactions between RM 416 and RM 471. The usual range is RM 431.25 to RM 455.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 24.50 and an average deviation (MAD) of RM 28 indicate a highly stable PSF trend across properties.

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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MIDLANDS CONDO, Timur Laut, Penang

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Transactions

2 transactions grouped by size

750 sqft
Condo/Apartment
RM 318,000
Level 11
764 sqft · RM 416 PSF
RM 360,000
Level 9
764 sqft · RM 471 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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