SURIN CONDO

Area Intelligence

2021

Median Price

RM 775,000

PSF: RM 604

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Residential PSF Trends

Median Price

RM 775,000

PSF: RM 604

SURIN CONDO in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 775K and a median price per square foot (PSF) of RM 604.

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 775K, with most transactions falling within a stable range of RM 650K to RM 900K, and a typical market range of RM 734K to RM 816K.

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

For price per square foot, the median is RM 604, with most transactions between RM 544 and RM 664. The usual range is RM 558.50 to RM 649.50, showing that most units are priced quite close to each other. With an IQR of RM 91.00 and MAD of RM 60, 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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