Penang
Timur Laut
Georgetown
TERRA FIRMA DEV. S/B

TERRA FIRMA DEV. S/B

Area Intelligence

2025

Median Price

RM 273,000

PSF: RM 430

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Residential PSF Trends

Median Price

RM 273,000

PSF: RM 430

TERRA FIRMA DEV. S/B in Timur Laut, Penang recorded 2 subsale transactions in 2025, with a median price of RM 273K and a median price per square foot (PSF) of RM 430.

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 273K, with most transactions falling within a stable range of RM 253K to RM 293K, and a typical market range of RM 253K to RM 293K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 430, with most transactions between RM 405 and RM 454. The usual range is RM 381.13 to RM 477.88, showing that most units are priced quite close to each other. With an IQR of RM 96.75 and MAD of RM 25, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TERRA FIRMA DEV. S/B, Timur Laut, Penang

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