Penang
Timur Laut
Georgetown
SCOTS PAVILION

SCOTS PAVILION

Area Intelligence

2022

Median Price

RM 688,000

PSF: RM 702

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Residential PSF Trends

Median Price

RM 688,000

PSF: RM 702

SCOTS PAVILION in Timur Laut, Penang recorded 1 subsale transactions in 2022, with a median price of RM 688K and a median price per square foot (PSF) of RM 702.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 702, with most transactions between RM 702 and RM 702. The usual range is RM 648.75 to RM 755.25, showing that most units are priced quite close to each other. With an IQR of RM 106.50 and MAD of RM 0, 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.

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SCOTS PAVILION, Timur Laut, Penang

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