Penang
Timur Laut
Georgetown
SCOTT RESIDENCE

SCOTT RESIDENCE

Area Intelligence

2022

Median Price

RM 655,000

PSF: RM 908

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Residential PSF Trends

Median Price

RM 655,000

PSF: RM 908

SCOTT RESIDENCE in Timur Laut, Penang recorded 1 subsale transactions in 2022, with a median price of RM 655K and a median price per square foot (PSF) of RM 908.

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 908, with most transactions between RM 908 and RM 908. The usual range is RM 868.75 to RM 947.25, 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.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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SCOTT RESIDENCE, Timur Laut, Penang

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