GRACE RESIDENCE

GRACE RESIDENCE in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 568K and a median price per square foot (PSF) of RM 663.

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 568K, with most transactions falling within a stable range of RM 476K to RM 661K, and a typical market range of RM 479K to RM 657K.

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

For price per square foot, the median is RM 663, with most transactions between RM 616 and RM 710. The usual range is RM 622.50 to RM 703.50, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.