GRACE RESIDENCE

Area Intelligence
2024
Median Price
RM 859,000
PSF: RM 634

Residential PSF Trends

Median Price

RM 859,000

PSF: RM 634

GRACE RESIDENCE in Timur Laut, Penang recorded 12 subsale transactions in 2024, with a median price of RM 859K and a median price per square foot (PSF) of RM 634.

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 859K, with most transactions falling within a stable range of RM 714K to RM 1.00 million, and a typical market range of RM 770K to RM 948K.

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

For price per square foot, the median is RM 634, with most transactions between RM 587 and RM 680. The usual range is RM 593.00 to RM 674.00, showing that most units are priced quite close to each other. With an IQR of RM 81.00 and MAD of RM 47, 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.

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GRACE RESIDENCE, Timur Laut, Penang

OSM

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Transactions

12 transactions found

RM 750,000
Level 22
1,094 sqft RM 686.00 PSF
RM 930,000
Level 30
1,486 sqft RM 626.00 PSF
RM 548,000
Level 12
857 sqft RM 640.00 PSF
RM 588,000
Level 13
857 sqft RM 686.00 PSF
RM 975,000
Level 38
1,486 sqft RM 656.00 PSF
RM 1,033,000
Level 26
1,646 sqft RM 628.00 PSF
RM 705,000
Level 20
1,094 sqft RM 645.00 PSF
RM 860,000
Level 19
1,486 sqft RM 579.00 PSF
RM 770,000
Level 15
1,486 sqft RM 518.00 PSF
RM 880,000
Level 41
1,486 sqft RM 592.00 PSF
RM 950,000
Level 19
1,486 sqft RM 639.00 PSF
RM 858,000
Level 43
1,486 sqft RM 577.00 PSF

No Properties For Sale

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

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