Penang
Timur Laut
Georgetown
PENANG TIMES SQUARE - BIRCH REGENCY

PENANG TIMES SQUARE - BIRCH REGENCY

Area Intelligence

2022

Median Price

RM 545,000

PSF: RM 574

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Residential PSF Trends

Median Price

RM 545,000

PSF: RM 574

PENANG TIMES SQUARE - BIRCH REGENCY in Timur Laut, Penang recorded 3 subsale transactions in 2022, with a median price of RM 545K and a median price per square foot (PSF) of RM 574.

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 545K, with most transactions falling within a stable range of RM 512K to RM 570K, and a typical market range of RM 504K to RM 570K.

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

For price per square foot, the median is RM 574, with most transactions between RM 539 and RM 609. The usual range is RM 510.25 to RM 637.75, showing that most units are priced quite close to each other. With an IQR of RM 127.50 and MAD of RM 35, 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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