The Rise Collection 1
3A, Jln Dr. Wu Lien Teh, 10150 George Town, Pulau Pinang, Malaysia
3A, Jln Dr. Wu Lien Teh, 10150 George Town, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 13
|
RM 328,000
|
RM 469
|
700 sqft
|
|
|
|
Level 27
|
RM 300,000
|
RM 429
|
700 sqft
|
|
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Market Snapshot
ResidentialRM 314,000
RM 449 psfMedian transaction price
3A, Jln Dr. Wu Lien Teh, 10150 George Town, Pulau Pinang, Malaysia
MapsThe Rise Collection 1 in Timur Laut, Penang recorded 2 subsale transactions in 2024, with a median price of RM 314K and a median price per square foot (PSF) of RM 449.
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.
For price per square foot, the median is RM 449, with most transactions between RM 429 and RM 469. The usual range is RM 448.80 to RM 448.80, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 0.00 and an average deviation (MAD) of RM 20 indicate a highly stable PSF trend across properties.
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.