PENANG TIMES SQUARE - BIRCH REGENCY

Area Intelligence
2023
Median Price
RM 532,500
PSF: RM 561

Residential PSF Trends

Median Price

RM 532,500

PSF: RM 561

PENANG TIMES SQUARE - BIRCH REGENCY in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM 533K and a median price per square foot (PSF) of RM 561.

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 533K, with most transactions falling within a stable range of RM 485K to RM 580K, and a typical market range of RM 491K to RM 574K.

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

For price per square foot, the median is RM 561, with most transactions between RM 511 and RM 611. The usual range is RM 497.25 to RM 624.75, showing that most units are priced quite close to each other. With an IQR of RM 127.50 and MAD of RM 50, 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

2 transactions grouped by size

950 sqft
Condo/Apartment
RM 485,000
Level 6
950 sqft · RM 511 PSF
RM 580,000
Level 19
950 sqft · RM 611 PSF

No Properties For Sale

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

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