ASPEN RESIDENCE in Timur Laut, Penang recorded 6 subsale transactions in 2022, with a median price of RM 673K and a median price per square foot (PSF) of RM 592.
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 673K, with most transactions falling within a stable range of RM 642K to RM 703K, and a typical market range of RM 640K to RM 707K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 592, with most transactions between RM 550 and RM 633. The usual range is RM 559.00 to RM 624.00, showing that most units are priced quite close to each other. With an IQR of RM 65.00 and MAD of RM 41, 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.