ARTIS 3

Area Intelligence
2023
Median Price
RM 744,000
PSF: RM 659

Residential PSF Trends

Median Price

RM 744,000

PSF: RM 659

ARTIS 3 in Timur Laut, Penang recorded 8 subsale transactions in 2023, with a median price of RM 744K and a median price per square foot (PSF) of RM 659.

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 744K, with most transactions falling within a stable range of RM 611K to RM 877K, and a typical market range of RM 620K to RM 869K.

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

For price per square foot, the median is RM 659, with most transactions between RM 616 and RM 703. The usual range is RM 615.63 to RM 702.38, showing that most units are priced quite close to each other. With an IQR of RM 86.75 and MAD of RM 44, 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

5 transactions grouped by size

700 sqft
Condo/Apartment
RM 460,000
Level 12
678 sqft · RM 678 PSF
RM 480,000
Level 21
721 sqft · RM 666 PSF
750 sqft
Condo/Apartment
RM 499,000
Level 11
732 sqft · RM 682 PSF
1,250 sqft
Condo/Apartment
RM 738,000
Level 31
1,238 sqft · RM 596 PSF
RM 750,000
Level 12
1,259 sqft · RM 596 PSF

No Properties For Sale

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

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