PENANG TIMES SQUARE - BIRCH REGENCY

Area Intelligence
2023
Median Price
RM 485,000
PSF: RM 487

Residential PSF Trends

Median Price

RM 485,000

PSF: RM 487

PENANG TIMES SQUARE - BIRCH REGENCY in Timur Laut, Penang recorded 7 subsale transactions in 2023, with a median price of RM 485K and a median price per square foot (PSF) of RM 487.

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 485K, with most transactions falling within a stable range of RM 550K to RM 498K, and a typical market range of RM 550K to RM 526K.

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

The median PSF stands at RM 487, with core pricing between RM 436 and RM 538. Market pricing typically extends from RM 423.25 to RM 550.75, reflecting moderate variation in unit pricing. With an IQR of RM 127.50 and MAD of RM 51, 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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PENANG TIMES SQUARE - BIRCH REGENCY, Timur Laut, Penang

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Transactions

3 transactions grouped by size

950 sqft
Condo/Apartment
RM 580,000
Level 19
950 sqft · RM 611 PSF
1,050 sqft
Condo/Apartment
RM 555,000
Level 22
1,050 sqft · RM 529 PSF
1,150 sqft
Condo/Apartment
RM 550,000
Level 9
1,130 sqft · RM 487 PSF

No Properties For Sale

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

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