THE H2O CONDOMINIUM in Timur Laut, Penang recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 773K and a median price per square foot (PSF) of RM 582.
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 773K, with most transactions falling within a stable range of RM 713K to RM 833K, and a typical market range of RM 718K to RM 828K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 582, with most transactions between RM 537 and RM 628. The usual range is RM 542.00 to RM 622.00, showing that most units are priced quite close to each other. With an IQR of RM 80.00 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.