AZURIA CONDO

Area Intelligence

2024

Median Price

RM 289,000

PSF: RM 420

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Residential PSF Trends

Median Price

RM 288,000

PSF: RM 418

Commercial PSF Trends

Median Price

RM 1,900,000

RM 1,496 PSF

AZURIA CONDO in Timur Laut, Penang recorded 14 subsale transactions in 2024, with a median price of RM 289K and a median price per square foot (PSF) of RM 420.

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.

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

For price per square foot, the median is RM 420, with most transactions between RM 420 and RM 420. The usual range is RM 368.50 to RM 470.50, showing that most units are priced quite close to each other. With an IQR of RM 102.00 and MAD of RM 0, 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.

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AZURIA CONDO, Timur Laut, Penang

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