THE RISE COLLECTION 1

Area Intelligence
2022
Median Price
RM 73,000
PSF: RM 104

Residential PSF Trends

Median Price

RM 73,000

PSF: RM 104

THE RISE COLLECTION 1 in Timur Laut, Penang recorded 48 subsale transactions in 2022, with a median price of RM 73K and a median price per square foot (PSF) of RM 104.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

Price per square foot shows a median of RM 104, though individual units vary from RM 56 to RM 152 in the core range. The broader market spans RM 104.00 to RM 104.00, indicating diverse property characteristics. A wider spread (IQR: RM 0.00) and deviation (MAD: RM 48) indicate significant PSF variations, likely due to diverse property types or conditions.

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. Moderate transaction volume may require patience when buying or selling.

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THE RISE COLLECTION 1, Timur Laut, Penang

OSM

Track location

Transactions

48 transactions grouped by size

700 sqft
Flat
RM 100,000
Level 11
700 sqft · RM 143 PSF
RM 73,000
Level 21
700 sqft · RM 104 PSF
RM 73,000
Level 14
700 sqft · RM 104 PSF
RM 278,000
Level 4
700 sqft · RM 397 PSF
RM 73,000
Level 13
700 sqft · RM 104 PSF
RM 73,000
Level 20
700 sqft · RM 104 PSF

No Properties For Sale

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

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