ARTIS 3

Area Intelligence

2021

Median Price

RM 500,000

PSF: RM 667

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Residential PSF Trends

Median Price

RM 500,000

PSF: RM 667

ARTIS 3 in Timur Laut, Penang recorded 3 subsale transactions in 2021, with a median price of RM 500K and a median price per square foot (PSF) of RM 667.

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 500K, with most transactions falling within a stable range of RM 488K to RM 521K, and a typical market range of RM 488K to RM 538K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 667, with most transactions between RM 644 and RM 690. The usual range is RM 623.63 to RM 710.38, showing that most units are priced quite close to each other. With an IQR of RM 86.75 and MAD of RM 23, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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ARTIS 3, Timur Laut, Penang

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Transactions

3 transactions found

Popular Ranges

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

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Min Price (RM)

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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

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Max Size (sqft)

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RM 488,000

Level 13

732 sqft • RM 667.00 PSF

Nov 2021

RM 500,000

Level 23

753 sqft • RM 664.00 PSF

Feb 2021

RM 538,000

Level 20

753 sqft • RM 714.00 PSF

Jan 2021

Road	Price	Land PSF	Land	Date	Type
Level 13	RM 488,000	RM 667.00	732 sqft	Nov 2021	Condo/Apartment
Level 23	RM 500,000	RM 664.00	753 sqft	Feb 2021	Condo/Apartment
Level 20	RM 538,000	RM 714.00	753 sqft	Jan 2021	Condo/Apartment