|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Level 12
|
RM 715,000
|
RM 609
|
1,173 sqft
|
|
Condo |
|
Level 13
|
RM 650,000
|
RM 554
|
1,173 sqft
|
|
Condo |
|
Level 24
|
RM 695,000
|
RM 592
|
1,173 sqft
|
|
Condo |
| 2021 | |||||
|
Level 14
|
RM 650,000
|
RM 554
|
1,173 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 672,500
RM 573 psfMedian transaction price
Jelutong, 11600 Jelutong, Penang, Malaysia
MapsArtis 3 in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2026, sized between 1,125 and 1,174 sqft, with a median price of RM 673K and a median price per square foot (PSF) of RM 573.
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 673K, with most transactions falling within a stable range of RM 650K to RM 701K, and a typical market range of RM 650K to RM 715K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 573, with most transactions between RM 549 and RM 597. The usual range is RM 529.81 to RM 616.56, showing that most units are priced quite close to each other. With an IQR of RM 86.75 and MAD of RM 24, 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.