THE RISE COLLECTION II

Area Intelligence
2024
Median Price
RM 420,000
PSF: RM 502

Residential PSF Trends

Median Price

RM 420,000

PSF: RM 502

THE RISE COLLECTION II in Timur Laut, Penang recorded 16 subsale transactions in 2024, with a median price of RM 420K and a median price per square foot (PSF) of RM 502.

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 420K, with most transactions falling within a stable range of RM 379K to RM 461K, and a typical market range of RM 390K to RM 450K.

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

The median PSF stands at RM 502, with core pricing between RM 446 and RM 557. Market pricing typically extends from RM 460.50 to RM 542.50, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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THE RISE COLLECTION II, Timur Laut, Penang

OSM

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Transactions

16 transactions grouped by size

800 sqft
RM 380,000
Level 11
807 sqft · RM 471 PSF
RM 450,000
Level 14
807 sqft · RM 557 PSF
RM 430,000
Level 27
807 sqft · RM 533 PSF
RM 365,000
Level 13
807 sqft · RM 452 PSF
RM 375,000
Level 40
807 sqft · RM 465 PSF
RM 330,000
Level 44
807 sqft · RM 409 PSF
900 sqft
Flat
RM 373,000
Level 13
904 sqft · RM 413 PSF
RM 420,000
Level 22
904 sqft · RM 465 PSF

No Properties For Sale

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

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