AZURIA CONDO

Area Intelligence

2023

Median Price

RM 310,000

PSF: RM 450

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Residential PSF Trends

Median Price

RM 310,000

PSF: RM 450

Commercial PSF Trends

Median Price

RM 1,900,000

RM 1,496 PSF

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 310K to RM 341K, and a typical market range of RM 310K 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 405 and RM 495. 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 45, 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

OSM

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Transactions

5 transactions grouped by size

Popular Ranges

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

Custom Range

Min Price (RM)

Max Price (RM)

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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

Custom Range

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

700 sqft

Flat

700 sqft

Flat

RM 370,000

Level 4

689 sqft · RM 537 PSF

Nov 2023

RM 370,000

Level 8

689 sqft · RM 537 PSF

Sep 2023

RM 310,000

Level 10

689 sqft · RM 450 PSF

Aug 2023

RM 380,000

Level 2

689 sqft · RM 552 PSF

Jun 2023

RM 310,000

Level 11

689 sqft · RM 450 PSF

Jan 2023

Level 4	RM 370,000	RM 537	689 sqft	Nov 2023
Level 8	RM 370,000	RM 537	689 sqft	Sep 2023
Level 10	RM 310,000	RM 450	689 sqft	Aug 2023
Level 2	RM 380,000	RM 552	689 sqft	Jun 2023
Level 11	RM 310,000	RM 450	689 sqft	Jan 2023