ARTIS 3 in Timur Laut, Penang recorded 15 subsale transactions between 2021 and 2025, with a median price of RM 498K and a median price per square foot (PSF) of RM 682.
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 498K, with most transactions falling within a stable range of RM 365K to RM 631K, and a typical market range of RM 374K to RM 623K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 682, with most transactions between RM 639 and RM 726. The usual range is RM 638.63 to RM 725.38, 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.
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.