SPRINGTIDE RESIDENCES

SPRINGTIDE RESIDENCES in Timur Laut, Penang recorded 4 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment properties, with a median price of RM 3.86 million and a median price per square foot (PSF) of RM 739.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 3.86 million, with most transactions falling within a stable range of RM 3.50 million to RM 4.30 million, and a typical market range of RM 3.50 million to RM 4.50 million.

Within the Condo/Apartment category, condominium/apartment dominated the market, though some variety exists in the market.

The median PSF stands at RM 739, with core pricing between RM 654 and RM 824. Market pricing typically extends from RM 632.25 to RM 845.75, reflecting moderate variation in unit pricing. With an IQR of RM 213.50 and MAD of RM 85, 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.