THE RISE COLLECTION II

Area Intelligence
2021
Median Price
RM 380,000
PSF: RM 460

Residential PSF Trends

Median Price

RM 380,000

PSF: RM 460

THE RISE COLLECTION II in Timur Laut, Penang recorded 16 subsale transactions in 2021, with a median price of RM 380K and a median price per square foot (PSF) of RM 460.

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 349K to RM 411K, and a typical market range of RM 350K to RM 410K.

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

For price per square foot, the median is RM 460, with most transactions between RM 427 and RM 493. The usual range is RM 419.00 to RM 501.00, showing that most units are priced quite close to each other. With an IQR of RM 82.00 and MAD of RM 33, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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THE RISE COLLECTION II, Timur Laut, Penang

OSM

Track location

Transactions

16 transactions grouped by size

800 sqft
Flat
RM 400,000
Level 11
807 sqft · RM 495 PSF
RM 330,000
Level 14
807 sqft · RM 409 PSF
RM 335,000
Level 15
807 sqft · RM 415 PSF
RM 352,000
Level 26
807 sqft · RM 436 PSF
RM 363,000
Level 31
807 sqft · RM 450 PSF
RM 400,000
Level 45
807 sqft · RM 495 PSF
900 sqft
Flat
RM 425,000
Level 23
904 sqft · RM 470 PSF
RM 380,000
Level 37
904 sqft · RM 420 PSF

No Properties For Sale

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

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