SHOREFRONT RESIDENCES

Area Intelligence
Median Price
RM 2,135,000
PSF: RM 1,251

Residential PSF Trends

Median Price

RM 2,135,000

PSF: RM 1,251

SHOREFRONT RESIDENCES in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 2.14 million and a median price per square foot (PSF) of RM 1,251.

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 2.14 million, with most transactions falling within a stable range of RM 1.75 million to RM 2.52 million, and a typical market range of RM 1.81 million to RM 2.46 million.

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

For price per square foot, the median is RM 1,251, with most transactions between RM 1,196 and RM 1,306. The usual range is RM 1,199.00 to RM 1,303.00, showing that most units are priced quite close to each other. With an IQR of RM 104.00 and MAD of RM 55, 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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SHOREFRONT RESIDENCES, Timur Laut, Penang

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Transactions

5 transactions grouped by size

1,400 sqft
Condo/Apartment
RM 1,750,000
Level 3
1,398 sqft · RM 1,251 PSF
1,600 sqft
Condo/Apartment
RM 1,900,000
Level 4
1,588 sqft · RM 1,196 PSF
1,750 sqft
Condo/Apartment
RM 2,550,000
Level G
1,757 sqft · RM 1,451 PSF
RM 2,135,000
Level G
1,757 sqft · RM 1,215 PSF
2,100 sqft
Condo/Apartment
RM 2,800,000
Level G
2,123 sqft · RM 1,319 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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