AZURIA CONDO in Timur Laut, Penang recorded 9 subsale transactions in 2023, with a median price of RM 310K and a median price per square foot (PSF) of RM 450.
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 310K, with most transactions falling within a stable range of RM 270K to RM 350K, and a typical market range of RM 273K to RM 348K.
Most transactions involved flats, with minimal variety in property types.
The median PSF stands at RM 450, with core pricing between RM 394 and RM 506. Market pricing typically extends from RM 399.00 to RM 501.00, reflecting moderate variation in unit pricing. With an IQR of RM 102.00 and MAD of RM 56, the PSF demonstrates reasonable consistency across the market.
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.
