ARTIS 3

Area Intelligence

2023

Median Price

RM 480,000

PSF: RM 678

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Residential PSF Trends

Median Price

RM 480,000

PSF: RM 678

ARTIS 3 in Timur Laut, Penang recorded 3 subsale transactions in 2023, with a median price of RM 480K and a median price per square foot (PSF) of RM 678.

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 480K, with most transactions falling within a stable range of RM 464K to RM 496K, and a typical market range of RM 460K to RM 499K.

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

For price per square foot, the median is RM 678, with most transactions between RM 671 and RM 685. The usual range is RM 634.63 to RM 721.38, showing that most units are priced quite close to each other. With an IQR of RM 86.75 and MAD of RM 7, 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+

Custom Range

Min Price (RM)

Max 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

Min Size (sqft)

Max Size (sqft)

Clear

RM 460,000

Level 12

678 sqft • RM 678.00 PSF

Nov 2023

RM 499,000

Level 11

732 sqft • RM 682.00 PSF

Aug 2023

RM 480,000

Level 21

721 sqft • RM 666.00 PSF

Jan 2023

Road	Price	Land PSF	Land	Date	Type
Level 12	RM 460,000	RM 678.00	678 sqft	Nov 2023	Condo/Apartment
Level 11	RM 499,000	RM 682.00	732 sqft	Aug 2023	Condo/Apartment
Level 21	RM 480,000	RM 666.00	721 sqft	Jan 2023	Condo/Apartment