VERTIQ

Area Intelligence
2024
Median Price
RM 1,000,000
PSF: RM 768

Residential PSF Trends

Median Price

RM 1,000,000

PSF: RM 768

VERTIQ in Timur Laut, Penang recorded 3 subsale transactions in 2024, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 768.

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 1.00 million, with most transactions falling within a stable range of RM 847K to RM 1.15 million, and a typical market range of RM 843K to RM 1.16 million.

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

For price per square foot, the median is RM 768, with most transactions between RM 738 and RM 798. The usual range is RM 735.63 to RM 800.38, showing that most units are priced quite close to each other. With an IQR of RM 64.75 and MAD of RM 30, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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VERTIQ, Timur Laut, Penang

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Transactions

3 transactions grouped by size

1,050 sqft
Condo/Apartment
RM 825,000
Level 27
1,044 sqft · RM 790 PSF
1,300 sqft
Condo/Apartment
RM 1,000,000
Level 23
1,302 sqft · RM 768 PSF
1,650 sqft
Condo/Apartment
RM 1,200,000
Level 22
1,668 sqft · RM 719 PSF

No Properties For Sale

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

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