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 623K to RM 969K, and a typical market range of RM 699K to RM 781K.

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 556 and RM 666. The usual range is RM 565.50 to RM 656.50, showing that most units are priced quite close to each other. With an IQR of RM 91.00 and MAD of RM 55, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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SURIN CONDO, Timur Laut, Penang

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Transactions

12 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

1,200 sqft

Condo/Apartment

1,200 sqft

Condo/Apartment

RM 800,000

Level 24

1,195 sqft · RM 670 PSF

Oct 2022

RM 775,000

Level 16

1,195 sqft · RM 649 PSF

Sep 2022

RM 760,000

Level 17

1,195 sqft · RM 636 PSF

Aug 2022

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 860,000

Level 13

1,195 sqft · RM 720 PSF

Jul 2022

Level 24	RM 800,000	RM 670	1,195 sqft	Oct 2022
Level 16	RM 775,000	RM 649	1,195 sqft	Sep 2022
Level 17	RM 760,000	RM 636	1,195 sqft	Aug 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 13	RM 860,000	RM 720	1,195 sqft	Jul 2022