AZURIA CONDO

Area Intelligence

2021

Median Price

RM 345,000

PSF: RM 501

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Residential PSF Trends

Median Price

RM 345,000

PSF: RM 501

Commercial PSF Trends

Median Price

RM 1,900,000

RM 1,496 PSF

AZURIA CONDO in Timur Laut, Penang recorded 4 subsale transactions in 2021, with a median price of RM 345K and a median price per square foot (PSF) of RM 501.

This area contains both residential and commercial properties. View 36 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 345K, with most transactions falling within a stable range of RM 293K to RM 397K, and a typical market range of RM 308K to RM 383K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM 501, with core pricing between RM 425 and RM 577. Market pricing typically extends from RM 450.00 to RM 552.00, reflecting moderate variation in unit pricing. The spread of RM 102.00 (IQR) and deviation of RM 76 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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AZURIA CONDO, Timur Laut, Penang

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Transactions

4 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	Land PSF	Land	Date	Type

700 sqft

Flat

700 sqft

Flat

RM 255,000

Level 4

689 sqft · RM 370 PSF

Dec 2021

RM 340,000

Level 7

689 sqft · RM 494 PSF

Dec 2021

RM 400,000

Level 8

689 sqft · RM 581 PSF

Nov 2021

RM 350,000

Level 2

689 sqft · RM 508 PSF

Sep 2021

Level 4	RM 255,000	RM 370	689 sqft	Dec 2021
Level 7	RM 340,000	RM 494	689 sqft	Dec 2021
Level 8	RM 400,000	RM 581	689 sqft	Nov 2021
Level 2	RM 350,000	RM 508	689 sqft	Sep 2021