SCOTS PAVILION

SCOTS PAVILION in Timur Laut, Penang recorded 1 subsale transactions in 2024, with a median price of RM 870K and a median price per square foot (PSF) of RM 647.

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 870K, with most transactions falling within a stable range of RM 742K to RM 998K, and a typical market range of RM 747K to RM 993K.

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

The median PSF stands at RM 647, with core pricing between RM 578 and RM 717. Market pricing typically extends from RM 593.75 to RM 700.25, reflecting moderate variation in unit pricing. With an IQR of RM 106.50 and MAD of RM 70, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.