Penang
Timur Laut
Tanjung Tokong
CITY RESIDENCE

CITY RESIDENCE

Area Intelligence

Median Price

RM 930,000

PSF: RM 756

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Residential PSF Trends

Median Price

RM 930,000

PSF: RM 756

CITY RESIDENCE in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2025, priced between RM 750K and RM 1.00 million, with a median price of RM 930K and a median price per square foot (PSF) of RM 756.

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 930K, with most transactions falling within a stable range of RM 833K to RM 1.00 million, and a typical market range of RM 775K to RM 1.00 million.

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

For price per square foot, the median is RM 756, with most transactions between RM 702 and RM 810. The usual range is RM 695.10 to RM 817.10, showing that most units are priced quite close to each other. With an IQR of RM 122.00 and MAD of RM 54, 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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CITY RESIDENCE, Timur Laut, Penang

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