TIARA VIEW

Area Intelligence

2021

Median Price

RM 338,000

PSF: RM 383

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Residential PSF Trends

Median Price

RM 338,000

PSF: RM 383

TIARA VIEW in Timur Laut, Penang recorded 3 subsale transactions in 2021, with a median price of RM 338K and a median price per square foot (PSF) of RM 383.

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 338K, with most transactions falling within a stable range of RM 306K to RM 368K, and a typical market range of RM 328K to RM 348K.

Most transactions involved condominium/apartment, though some variety exists in the market.

For price per square foot, the median is RM 383, with most transactions between RM 347 and RM 419. The usual range is RM 372.25 to RM 393.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 21.50 and an average deviation (MAD) of RM 36 indicate a highly stable PSF trend across properties.

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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TIARA VIEW, Timur Laut, Penang

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