THE RISE COLLECTION II

Area Intelligence
2023
Median Price
RM 380,000
PSF: RM 471

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

800 sqft
RM 420,000
Level 20
807 sqft · RM 520 PSF
RM 450,000
Level 37
807 sqft · RM 557 PSF
RM 450,000
Level 45
807 sqft · RM 557 PSF
RM 450,000
Level 28
807 sqft · RM 557 PSF
RM 400,000
Level 45
807 sqft · RM 495 PSF
RM 315,000
Level 38
807 sqft · RM 390 PSF
900 sqft
Flat
RM 365,000
Level 47
904 sqft · RM 404 PSF
RM 495,000
Level 26
904 sqft · RM 547 PSF

No Properties For Sale

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

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