Penang
Timur Laut
Jelutong
GRACE RESIDENCE

GRACE RESIDENCE

Area Intelligence

2023

Median Price

RM 820,000

PSF: RM 566

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Residential PSF Trends

Median Price

RM 820,000

PSF: RM 566

GRACE RESIDENCE in Timur Laut, Penang recorded 6 subsale transactions in 2023, with a median price of RM 820K and a median price per square foot (PSF) of RM 566.

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 820K, with most transactions falling within a stable range of RM 736K to RM 904K, and a typical market range of RM 731K to RM 909K.

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

For price per square foot, the median is RM 566, with most transactions between RM 514 and RM 618. The usual range is RM 525.50 to RM 606.50, showing that most units are priced quite close to each other. With an IQR of RM 81.00 and MAD of RM 52, 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

6 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

1,400 sqft

Condo/Apartment

1,400 sqft

Condo/Apartment

RM 780,000

Level 21

1,410 sqft · RM 553 PSF

Dec 2023

RM 750,000

Level 25

1,410 sqft · RM 532 PSF

Jun 2023

Level 21	RM 780,000	RM 553	1,410 sqft	Dec 2023
Level 25	RM 750,000	RM 532	1,410 sqft	Jun 2023

1,500 sqft

Condo/Apartment

1,500 sqft

Condo/Apartment

RM 930,000

Level 28

1,486 sqft · RM 626 PSF

Oct 2023

RM 695,000

Level 22

1,486 sqft · RM 468 PSF

Sep 2023

RM 900,000

Level 33

1,486 sqft · RM 606 PSF

Sep 2023

RM 860,000

Level 18

1,486 sqft · RM 579 PSF

May 2023

Level 28	RM 930,000	RM 626	1,486 sqft	Oct 2023
Level 22	RM 695,000	RM 468	1,486 sqft	Sep 2023
Level 33	RM 900,000	RM 606	1,486 sqft	Sep 2023
Level 18	RM 860,000	RM 579	1,486 sqft	May 2023