ARTIS 3

Area Intelligence

2021

Median Price

RM 594,000

PSF: RM 666

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Residential PSF Trends

Median Price

RM 594,000

PSF: RM 666

ARTIS 3 in Timur Laut, Penang recorded 6 subsale transactions in 2021, with a median price of RM 594K and a median price per square foot (PSF) of RM 666.

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 594K, with most transactions falling within a stable range of RM 488K to RM 749K, and a typical market range of RM 488K to RM 719K.

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

For price per square foot, the median is RM 666, with most transactions between RM 608 and RM 723. The usual range is RM 622.13 to RM 708.88, showing that most units are priced quite close to each other. With an IQR of RM 86.75 and MAD of RM 58, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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ARTIS 3, Timur Laut, Penang

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Transactions

6 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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RM 488,000

Level 13

732 sqft • RM 667.00 PSF

Nov 2021

RM 768,000

Level 23

1,302 sqft • RM 590.00 PSF

Oct 2021

RM 912,000

Level 33

1,302 sqft • RM 700.00 PSF

Apr 2021

RM 500,000

Level 23

753 sqft • RM 664.00 PSF

Feb 2021

RM 650,000

Level 14

1,173 sqft • RM 554.00 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 768,000	RM 590.00	1,302 sqft	Oct 2021	Condo/Apartment
Level 33	RM 912,000	RM 700.00	1,302 sqft	Apr 2021	Condo/Apartment
Level 23	RM 500,000	RM 664.00	753 sqft	Feb 2021	Condo/Apartment
Level 14	RM 650,000	RM 554.00	1,173 sqft	Feb 2021	Condo/Apartment
Level 20	RM 538,000	RM 714.00	753 sqft	Jan 2021	Condo/Apartment