Penang
Timur Laut
Georgetown
SCOTT RESIDENCE

SCOTT RESIDENCE

Area Intelligence

2022

Median Price

RM 962,500

PSF: RM 867

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Residential PSF Trends

Median Price

RM 962,500

PSF: RM 867

SCOTT RESIDENCE in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM 963K and a median price per square foot (PSF) of RM 867.

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 867, with most transactions between RM 867 and RM 867. The usual range is RM 827.25 to RM 905.75, showing that most units are priced quite close to each other. With an IQR of RM 78.50 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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SCOTT RESIDENCE, Timur Laut, Penang

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