GRACE RESIDENCE

Area Intelligence
2024
Median Price
RM 870,000
PSF: RM 627

Residential PSF Trends

Median Price

RM 870,000

PSF: RM 627

GRACE RESIDENCE in Timur Laut, Penang recorded 10 subsale transactions in 2024, with a median price of RM 870K and a median price per square foot (PSF) of RM 627.

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 870K, with most transactions falling within a stable range of RM 770K to RM 970K, and a typical market range of RM 781K to RM 959K.

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

For price per square foot, the median is RM 627, with most transactions between RM 581 and RM 673. The usual range is RM 586.50 to RM 667.50, showing that most units are priced quite close to each other. With an IQR of RM 81.00 and MAD of RM 46, 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

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Transactions

10 transactions grouped by size

1,100 sqft
Condo/Apartment
RM 750,000
Level 22
1,094 sqft · RM 686 PSF
RM 705,000
Level 20
1,094 sqft · RM 645 PSF
1,500 sqft
Condo/Apartment
RM 930,000
Level 30
1,486 sqft · RM 626 PSF
RM 975,000
Level 38
1,486 sqft · RM 656 PSF
RM 860,000
Level 19
1,486 sqft · RM 579 PSF
RM 770,000
Level 15
1,486 sqft · RM 518 PSF
RM 880,000
Level 41
1,486 sqft · RM 592 PSF
RM 950,000
Level 19
1,486 sqft · RM 639 PSF
RM 858,000
Level 43
1,486 sqft · RM 577 PSF
1,650 sqft
Condo/Apartment
RM 1,033,000
Level 26
1,646 sqft · RM 628 PSF

No Properties For Sale

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

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