GRACE RESIDENCE

Area Intelligence
2022
Median Price
RM 925,000
PSF: RM 633

Residential PSF Trends

Median Price

RM 925,000

PSF: RM 633

GRACE RESIDENCE in Timur Laut, Penang recorded 14 subsale transactions in 2022, with a median price of RM 925K and a median price per square foot (PSF) of RM 633.

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 925K, with most transactions falling within a stable range of RM 806K to RM 1.04 million, and a typical market range of RM 836K to RM 1.01 million.

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

The median PSF stands at RM 633, with core pricing between RM 561 and RM 704. Market pricing typically extends from RM 592.00 to RM 673.00, reflecting moderate variation in unit pricing. With an IQR of RM 81.00 and MAD of RM 71, 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

14 transactions grouped by size

1,100 sqft
Condo/Apartment
RM 685,000
Level 20
1,094 sqft · RM 626 PSF
1,500 sqft
Condo/Apartment
RM 1,160,000
Level 11
1,486 sqft · RM 781 PSF
RM 980,000
Level 16
1,486 sqft · RM 659 PSF
RM 830,000
Level 23
1,486 sqft · RM 559 PSF
RM 1,050,000
Level 16
1,486 sqft · RM 707 PSF
RM 950,000
Level 30
1,486 sqft · RM 639 PSF
RM 1,000,000
Level 16
1,486 sqft · RM 673 PSF
1,600 sqft
Condo/Apartment
RM 800,000
Level 15
1,600 sqft · RM 500 PSF

No Properties For Sale

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

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