VERTIQ

Area Intelligence
2023
Median Price
RM 770,000
PSF: RM 708

Residential PSF Trends

Median Price

RM 770,000

PSF: RM 708

VERTIQ in Timur Laut, Penang recorded 7 subsale transactions in 2023, with a median price of RM 770K and a median price per square foot (PSF) of RM 708.

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 770K, with most transactions falling within a stable range of RM 700K to RM 872K, and a typical market range of RM 700K to RM 927K.

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

The median PSF stands at RM 708, with core pricing between RM 633 and RM 783. Market pricing typically extends from RM 675.63 to RM 740.38, reflecting moderate variation in unit pricing. With an IQR of RM 64.75 and MAD of RM 75, 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

7 transactions grouped by size

1,050 sqft
Condo/Apartment
RM 758,000
Level 12
1,044 sqft · RM 726 PSF
RM 700,000
Level 10
1,055 sqft · RM 664 PSF
RM 850,000
Level 35
1,044 sqft · RM 814 PSF
1,100 sqft
Condo/Apartment
RM 770,000
Level 25
1,087 sqft · RM 708 PSF
1,250 sqft
Condo/Apartment
RM 700,000
Level 27
1,249 sqft · RM 561 PSF
1,300 sqft
Condo/Apartment
RM 960,000
Level 26
1,313 sqft · RM 731 PSF
1,500 sqft
Condo/Apartment
RM 950,000
Level 19
1,496 sqft · RM 635 PSF

No Properties For Sale

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

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