SKYVIEW RESIDENCE

Area Intelligence
2022
Median Price
RM 740,000
PSF: RM 603

Residential PSF Trends

Median Price

RM 740,000

PSF: RM 603

SKYVIEW RESIDENCE in Timur Laut, Penang recorded 14 subsale transactions in 2022, with a median price of RM 740K and a median price per square foot (PSF) of RM 603.

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 740K, with most transactions falling within a stable range of RM 760K to RM 828K, and a typical market range of RM 760K to RM 781K.

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

The median PSF stands at RM 603, with core pricing between RM 529 and RM 676. Market pricing typically extends from RM 582.50 to RM 622.50, reflecting moderate variation in unit pricing. With an IQR of RM 40.00 and MAD of RM 73, 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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SKYVIEW RESIDENCE, Timur Laut, Penang

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Transactions

5 transactions grouped by size

1,250 sqft
Condo/Apartment
RM 790,000
Level 41
1,249 sqft · RM 633 PSF
RM 795,000
Level 37
1,249 sqft · RM 637 PSF
RM 1,000,000
Level 42
1,238 sqft · RM 808 PSF
RM 785,000
Level 21
1,249 sqft · RM 629 PSF
RM 760,000
Level 14
1,251 sqft · RM 607 PSF

No Properties For Sale

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

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