Penang
Timur Laut
Jelutong
PEARL REGENCY

PEARL REGENCY

Area Intelligence

2022

Median Price

RM 787,000

PSF: RM 614

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Residential PSF Trends

Median Price

RM 787,000

PSF: RM 614

PEARL REGENCY in Timur Laut, Penang recorded 3 subsale transactions in 2022, with a median price of RM 787K and a median price per square foot (PSF) of RM 614.

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 705K to RM 869K, 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 614, with most transactions between RM 572 and RM 656. The usual range is RM 580.00 to RM 648.00, showing that most units are priced quite close to each other. With an IQR of RM 68.00 and MAD of RM 42, 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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PEARL REGENCY, Timur Laut, Penang

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