Penang
Timur Laut
Georgetown
THE RISE COLLECTION II

THE RISE COLLECTION II

Area Intelligence

2022

Median Price

RM 377,500

PSF: RM 451

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Residential PSF Trends

Median Price

RM 377,500

PSF: RM 451

THE RISE COLLECTION II in Timur Laut, Penang recorded 28 subsale transactions in 2022, with a median price of RM 378K and a median price per square foot (PSF) of RM 451.

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 451, with most transactions between RM 451 and RM 451. The usual range is RM 410.00 to RM 492.00, showing that most units are priced quite close to each other. With an IQR of RM 82.00 and MAD of RM 0, 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. Moderate transaction volume may require patience when buying or selling.

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THE RISE COLLECTION II, Timur Laut, Penang

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