ONE RITZ RESIDENCE

Area Intelligence
Median Price
RM 2,090,000
PSF: RM 426

Residential PSF Trends

Median Price

RM 2,090,000

PSF: RM 426

ONE RITZ RESIDENCE in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 2.09 million and a median price per square foot (PSF) of RM 426.

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 2.09 million, with most transactions falling within a stable range of RM 1.90 million to RM 2.28 million, and a typical market range of RM 1.99 million to RM 2.19 million.

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

The median PSF stands at RM 426, with core pricing between RM 354 and RM 498. Market pricing typically extends from RM 380.25 to RM 471.75, reflecting moderate variation in unit pricing. The spread of RM 91.50 (IQR) and deviation of RM 72 (MAD) suggest moderate price variations reflecting different property features.

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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ONE RITZ RESIDENCE, Timur Laut, Penang

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Transactions

3 transactions grouped by size

4,450 sqft
Condo/Apartment
RM 1,900,000
Level 6
4,456 sqft · RM 426 PSF
4,600 sqft
Condo/Apartment
RM 2,300,000
Level 12
4,618 sqft · RM 498 PSF
6,650 sqft
Condo/Apartment
RM 2,090,000
Level 21
6,641 sqft · RM 315 PSF

No Properties For Sale

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

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