ARTIS 3

Area Intelligence
2024
Median Price
RM 557,500
PSF: RM 691

Residential PSF Trends

Median Price

RM 557,500

PSF: RM 691

ARTIS 3 in Timur Laut, Penang recorded 6 subsale transactions in 2024, with a median price of RM 558K and a median price per square foot (PSF) of RM 691.

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 558K, with most transactions falling within a stable range of RM 520K to RM 643K, and a typical market range of RM 520K to RM 682K.

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

The median PSF stands at RM 691, with core pricing between RM 620 and RM 762. Market pricing typically extends from RM 647.63 to RM 734.38, reflecting moderate variation in unit pricing. With an IQR of RM 86.75 and MAD of RM 71, 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

4 transactions grouped by size

650 sqft
Condo/Apartment
RM 520,000
Level 10
667 sqft · RM 779 PSF
700 sqft
Condo/Apartment
RM 555,000
Level 25
721 sqft · RM 770 PSF
750 sqft
Condo/Apartment
RM 560,000
Level 10
732 sqft · RM 765 PSF
1,200 sqft
Condo/Apartment
RM 739,000
Level 32
1,216 sqft · RM 608 PSF

No Properties For Sale

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

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