GRACE RESIDENCE

GRACE RESIDENCE in Timur Laut, Penang recorded 34 subsale transactions between 2021 and 2025, with a median price of RM 878K and a median price per square foot (PSF) of RM 620.

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 878K, with most transactions falling within a stable range of RM 785K to RM 970K, and a typical market range of RM 788K to RM 967K.

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

For price per square foot, the median is RM 620, with most transactions between RM 573 and RM 667. The usual range is RM 579.00 to RM 660.00, 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. Moderate transaction volume may require patience when buying or selling.