Penang
Timur Laut
Georgetown
THE RISE COLLECTION II

THE RISE COLLECTION II

Area Intelligence

2023

Median Price

RM 380,000

PSF: RM 471

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Residential PSF Trends

Median Price

RM 380,000

PSF: RM 471

THE RISE COLLECTION II in Timur Laut, Penang recorded 25 subsale transactions in 2023, with a median price of RM 380K and a median price per square foot (PSF) of RM 471.

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 380K, with most transactions falling within a stable range of RM 332K to RM 428K, and a typical market range of RM 350K to RM 410K.

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

The median PSF stands at RM 471, with core pricing between RM 415 and RM 527. Market pricing typically extends from RM 430.00 to RM 512.00, reflecting moderate variation in unit pricing. With an IQR of RM 82.00 and MAD of RM 56, 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

24 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

Road	Price	Land PSF	Land	Date	Type

800 sqft

RM 420,000

Level 20

807 sqft · RM 520 PSF

Nov 2023

RM 450,000

Level 37

807 sqft · RM 557 PSF

Oct 2023

RM 450,000

Level 45

807 sqft · RM 557 PSF

Oct 2023

RM 450,000

Level 28

807 sqft · RM 557 PSF

Oct 2023

RM 400,000

Level 45

807 sqft · RM 495 PSF

Sep 2023

RM 315,000

Level 38

807 sqft · RM 390 PSF

Sep 2023

Level 20	RM 420,000	RM 520	807 sqft	Nov 2023	Flat
Level 37	RM 450,000	RM 557	807 sqft	Oct 2023	Condo/Apartment
Level 45	RM 450,000	RM 557	807 sqft	Oct 2023	Flat
Level 28	RM 450,000	RM 557	807 sqft	Oct 2023	Flat
Level 45	RM 400,000	RM 495	807 sqft	Sep 2023	Flat
Level 38	RM 315,000	RM 390	807 sqft	Sep 2023	Flat