|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 32
|
RM 630,000
|
RM 492
|
1,281 sqft
|
|
Condo |
|
Level 34
|
RM 1,000,000
|
RM 479
|
2,088 sqft
|
|
Condo |
| 2023 | |||||
|
Level 28
|
RM 780,000
|
RM 537
|
1,453 sqft
|
|
Condo |
| 2022 | |||||
|
Level 15
|
RM 680,000
|
RM 531
|
1,281 sqft
|
|
Condo |
|
Level 9
|
RM 787,000
|
RM 614
|
1,281 sqft
|
|
Condo |
|
Level 23
|
RM 880,000
|
RM 624
|
1,410 sqft
|
|
Condo |
| 2021 | |||||
|
Level 27
|
RM 850,000
|
RM 545
|
1,561 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 787,000
RM 537 psfMedian transaction price
2 - B 1, 6, Lebuh Tunku Kudin 3, 11700 Gelugor, Penang, Malaysia
MapsPearl Regency in Timur Laut, Penang recorded 7 subsale transactions between 2021 and 2026, with a median price of RM 787K and a median price per square foot (PSF) of RM 537.
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 787K, with most transactions falling within a stable range of RM 694K to RM 880K, and a typical market range of RM 720K to RM 855K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 537, with most transactions between RM 492 and RM 582. The usual range is RM 502.77 to RM 570.77, showing that most units are priced quite close to each other. With an IQR of RM 68.00 and MAD of RM 45, 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.