ARTIS 3

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 530K to RM 650K, and a typical market range of RM 500K to RM 650K.

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

The median PSF stands at RM 666, with core pricing between RM 599 and RM 732. Market pricing typically extends from RM 622.13 to RM 708.88, reflecting moderate variation in unit pricing. With an IQR of RM 86.75 and MAD of RM 67, 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.