GRACE RESIDENCE

GRACE RESIDENCE in Timur Laut, Penang recorded 26 subsale transactions between 2021 and 2025, with a median price of RM 915K and a median price per square foot (PSF) of RM 616.

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 915K, with most transactions falling within a stable range of RM 821K to RM 1.01 million, and a typical market range of RM 826K to RM 1.00 million.

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

The median PSF stands at RM 616, with core pricing between RM 553 and RM 679. Market pricing typically extends from RM 575.50 to RM 656.50, reflecting moderate variation in unit pricing. With an IQR of RM 81.00 and MAD of RM 63, 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. Moderate transaction volume may require patience when buying or selling.