TIARA VIEW

Area Intelligence

2022

Median Price

RM 390,000

PSF: RM 442

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Residential PSF Trends

Median Price

RM 390,000

PSF: RM 442

TIARA VIEW in Timur Laut, Penang recorded 3 subsale transactions in 2022, with a median price of RM 390K and a median price per square foot (PSF) of RM 442.

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 390K, with most transactions falling within a stable range of RM 349K to RM 400K, and a typical market range of RM 380K to RM 400K.

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

The median PSF stands at RM 442, with core pricing between RM 396 and RM 488. Market pricing typically extends from RM 431.25 to RM 452.75, reflecting moderate variation in unit pricing. With an IQR of RM 21.50 and MAD of RM 46, 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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TIARA VIEW, Timur Laut, Penang

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