PENANG TIMES SQUARE - BIRCH REGENCY

Area Intelligence
2023
Median Price
RM 450,000
PSF: RM 441

Residential PSF Trends

Median Price

RM 450,000

PSF: RM 441

PENANG TIMES SQUARE - BIRCH REGENCY in Timur Laut, Penang recorded 5 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 441.

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 450K, with most transactions falling within a stable range of RM 400K to RM 512K, and a typical market range of RM 409K to RM 491K.

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

The median PSF stands at RM 441, with core pricing between RM 394 and RM 488. Market pricing typically extends from RM 377.25 to RM 504.75, reflecting moderate variation in unit pricing. With an IQR of RM 127.50 and MAD of RM 47, 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

5 transactions grouped by size

1,000 sqft
Condo/Apartment
RM 400,000
Level 9
1,010 sqft · RM 396 PSF
RM 450,000
Level 11
1,020 sqft · RM 441 PSF
1,050 sqft
Condo/Apartment
RM 555,000
Level 22
1,050 sqft · RM 529 PSF
RM 445,000
Level 10
1,050 sqft · RM 424 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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