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 738K to RM 795K, and a typical market range of RM 738K to RM 855K.

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 625 and RM 693. 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 34, 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

1,250 sqft
Condo/Apartment
RM 855,000
Level 28
1,270 sqft · RM 673 PSF
RM 738,000
Level 31
1,238 sqft · RM 596 PSF
RM 750,000
Level 12
1,259 sqft · RM 596 PSF
1,300 sqft
Condo/Apartment
RM 849,000
Level 22
1,302 sqft · RM 652 PSF
RM 760,000
Level 19
1,281 sqft · RM 593 PSF

No Properties For Sale

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

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