THE CANTONMENT

THE CANTONMENT in Timur Laut, Penang recorded 8 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment properties, 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 687K to RM 2.00 million, and a typical market range of RM 1.17 million to RM 1.52 million.

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

Price per square foot shows a median of RM 1,155, though individual units vary from RM 905 to RM 1,405 in the core range. The broader market spans RM 1,116.88 to RM 1,193.13, indicating diverse property characteristics. The spread of RM 76.25 (IQR) and deviation of RM 250 (MAD) suggest moderate price variations reflecting different property features.

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.