SURIN CONDO

Area Intelligence

2022

Median Price

RM 740,000

PSF: RM 611

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Residential PSF Trends

Median Price

RM 740,000

PSF: RM 611

SURIN CONDO in Timur Laut, Penang recorded 12 subsale transactions in 2022, with a median price of RM 740K and a median price per square foot (PSF) of RM 611.

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 740K, with most transactions falling within a stable range of RM 696K to RM 750K, and a typical market range of RM 699K to RM 750K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 611, with most transactions between RM 579 and RM 643. The usual range is RM 565.49 to RM 656.49, showing that most units are priced quite close to each other. With an IQR of RM 91.00 and MAD of RM 32, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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SURIN CONDO, Timur Laut, Penang

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Transactions

7 transactions grouped by size

Popular Ranges

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

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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

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Road	Price	PSF	Size	Date	Type

1,200 sqft

Condo/Apartment

1,200 sqft

Condo/Apartment

RM 730,000

Level 23

1,195 sqft · RM 611 PSF

Aug 2022

RM 720,000

Level 2

1,195 sqft · RM 603 PSF

Jul 2022

RM 730,000

Level 7

1,195 sqft · RM 611 PSF

Apr 2022

RM 650,000

Level 3

1,195 sqft · RM 544 PSF

Mar 2022

RM 675,000

Level 4

1,195 sqft · RM 565 PSF

Mar 2022

RM 623,000

Level 24

1,195 sqft · RM 521 PSF

Feb 2022

Level 23	RM 730,000	RM 611	1,195 sqft	Aug 2022
Level 2	RM 720,000	RM 603	1,195 sqft	Jul 2022
Level 7	RM 730,000	RM 611	1,195 sqft	Apr 2022
Level 3	RM 650,000	RM 544	1,195 sqft	Mar 2022
Level 4	RM 675,000	RM 565	1,195 sqft	Mar 2022
Level 24	RM 623,000	RM 521	1,195 sqft	Feb 2022