ARTIS 3

Area Intelligence
2022
Median Price
RM 672,500
PSF: RM 602

Residential PSF Trends

Median Price

RM 672,500

PSF: RM 602

ARTIS 3 in Timur Laut, Penang recorded 8 subsale transactions in 2022, with a median price of RM 673K and a median price per square foot (PSF) of RM 602.

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 659K to RM 500K, and a typical market range of RM 548K to RM 500K.

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

For price per square foot, the median is RM 602, with most transactions between RM 572 and RM 632. The usual range is RM 558.63 to RM 645.38, showing that most units are priced quite close to each other. With an IQR of RM 86.75 and MAD of RM 30, 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

7 transactions grouped by size

700 sqft
Condo/Apartment
RM 498,000
Level 23
721 sqft · RM 691 PSF
750 sqft
Condo/Apartment
RM 500,000
Level 14
732 sqft · RM 683 PSF
RM 470,000
Level 26
753 sqft · RM 624 PSF
1,150 sqft
Condo/Apartment
RM 715,000
Level 12
1,173 sqft · RM 609 PSF
RM 650,000
Level 13
1,173 sqft · RM 554 PSF
RM 695,000
Level 24
1,173 sqft · RM 592 PSF
1,250 sqft
Condo/Apartment
RM 738,000
Level 13
1,259 sqft · RM 586 PSF

No Properties For Sale

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

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