Terra Firma Dev. S/B
George Town, Penang, Malaysia
George Town, Penang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Level 2
|
RM 293,000
|
RM 454
|
646 sqft
|
|
Flat |
| 2023 | |||||
|
Level 1
|
RM 218,000
|
RM 332
|
657 sqft
|
|
Flat |
|
Level 2
|
RM 195,000
|
RM 297
|
657 sqft
|
|
Flat |
|
Level 4
|
RM 170,000
|
RM 259
|
657 sqft
|
|
Flat |
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George Town, Penang, Malaysia
MapsTerra Firma Dev. S/B in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2026, sized between 625 and 674 sqft, with a median price of RM 207K and a median price per square foot (PSF) of RM 315.
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 207K, with most transactions falling within a stable range of RM 170K to RM 252K, and a typical market range of RM 181K to RM 232K.
Most transactions involved flats, with minimal variety in property types.
Price per square foot shows a median of RM 315, though individual units vary from RM 241 to RM 388 in the core range. The broader market spans RM 266.13 to RM 362.88, indicating diverse property characteristics. The spread of RM 96.75 (IQR) and deviation of RM 73 (MAD) suggest moderate price variations reflecting different property features.
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.