SCOTT RESIDENCE

SCOTT RESIDENCE in Timur Laut, Penang recorded 3 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment properties, with a median price of RM 920K 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. The median price is RM 920K, with most transactions falling within a stable range of RM 668K to RM 1.17 million, and a typical market range of RM 766K to RM 1.07 million.

Within the Condo/Apartment category, condominium/apartment dominated the market, with minimal variety in property types.

For price per square foot, the median is RM 908, with most transactions between RM 844 and RM 972. 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 64, 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.