AZURIA CONDO

Area Intelligence
2024
Median Price
RM 288,000
PSF: RM 418

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 13 subsale transactions in 2024, with a median price of RM 288K and a median price per square foot (PSF) of RM 418.

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 288K, with most transactions falling within a stable range of RM 248K to RM 328K, and a typical market range of RM 251K to RM 326K.

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

The median PSF stands at RM 418, with core pricing between RM 362 and RM 474. Market pricing typically extends from RM 367.00 to RM 469.00, 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.

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AZURIA CONDO, Timur Laut, Penang

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