THE CANTONMENT Property Investment Analysis

Georgetown, Timur Laut, Penang

Median Price
RM 1,342,500
CAGR
-8.8%
Median PSF
RM 1,155.00
CAGR
+1.7%
Transactions
8
Period
2021-2024

THE CANTONMENT in Timur Laut, Penang recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 1.34 million and a median price per square foot (PSF) of RM 1,155.

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 1.34 million, with most transactions falling within a stable range of RM 1.28 million to RM 1.41 million, and a typical market range of RM 1.17 million to RM 1.52 million.

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

For price per square foot, the median is RM 1,155, with most transactions between RM 1,118 and RM 1,192. The usual range is RM 1,116.88 to RM 1,193.13, showing that most units are priced quite close to each other. With an IQR of RM 76.25 and MAD of RM 37, 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.

ADVANCED FILTERS

TRANSACTIONS

8 found
Condominium/Apartment
RM 1,385,000
PSF: RM 1,191.00
Area: 1,163 sqft
Date: Jan 2024
Condominium/Apartment
RM 1,300,000
PSF: RM 1,118.00
Area: 1,163 sqft
Date: Jul 2023
Condominium/Apartment
RM 2,750,000
PSF: RM 1,161.00
Area: 2,368 sqft
Date: Dec 2022
Condominium/Apartment
RM 1,400,000
PSF: RM 1,204.00
Area: 1,163 sqft
Date: Nov 2022
Condominium/Apartment
RM 1,270,000
PSF: RM 1,270.00
Area: 1,000 sqft
Date: Feb 2022
Condominium/Apartment
RM 499,000
PSF: RM 429.00
Area: 1,163 sqft
Date: Feb 2022
Condominium/Apartment
RM 2,350,000
PSF: RM 1,149.00
Area: 2,045 sqft
Date: Jun 2021
Condominium/Apartment
RM 1,300,000
PSF: RM 1,118.00
Area: 1,163 sqft
Date: Apr 2021