THE RISE COLLECTION II

Area Intelligence
2022
Median Price
RM 377,500
PSF: RM 451

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. The median price is RM 378K, with most transactions falling within a stable range of RM 343K to RM 412K, and a typical market range of RM 348K to RM 408K.

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

The median PSF stands at RM 451, with core pricing between RM 405 and RM 497. Market pricing typically extends from RM 410.00 to RM 492.00, reflecting moderate variation in unit pricing. With an IQR of RM 82.00 and MAD of RM 46, 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

OSM

Track location

Transactions

28 transactions grouped by size

800 sqft
Flat
RM 340,000
Level 24
807 sqft · RM 421 PSF
RM 410,000
Level 18
807 sqft · RM 508 PSF
RM 365,000
Level 44
807 sqft · RM 452 PSF
RM 380,000
Level 43
807 sqft · RM 471 PSF
RM 360,000
Level 36
807 sqft · RM 446 PSF
RM 430,000
Level 29
807 sqft · RM 533 PSF
900 sqft
Flat
RM 300,000
Level 47
904 sqft · RM 332 PSF
RM 400,000
Level 35
904 sqft · RM 442 PSF
RM 300,000
Level 47
904 sqft · RM 332 PSF
RM 420,000
Level 42
904 sqft · RM 465 PSF
RM 400,000
Level 14
904 sqft · RM 442 PSF
RM 397,000
Level 37
904 sqft · RM 439 PSF

No Properties For Sale

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

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