ASPEN RESIDENCE in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM 752K and a median price per square foot (PSF) of RM 631.
This area contains both residential and commercial properties. View 10 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 752K, with most transactions falling within a stable range of RM 707K to RM 797K, and a typical market range of RM 717K to RM 786K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 631, with most transactions between RM 593 and RM 669. The usual range is RM 598.50 to RM 663.50, showing that most units are priced quite close to each other. With an IQR of RM 65.00 and MAD of RM 38, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
