FETTES RESIDENCES

Area Intelligence
2023
Median Price
RM 1,375,000
PSF: RM 556

Residential PSF Trends

Median Price

RM 1,375,000

PSF: RM 556

FETTES RESIDENCES in Timur Laut, Penang recorded 4 subsale transactions in 2023, with a median price of RM 1.38 million and a median price per square foot (PSF) of RM 556.

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 1.38 million, with most transactions falling within a stable range of RM 1.15 million to RM 1.50 million, and a typical market range of RM 1.23 million to RM 1.50 million.

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

The median PSF stands at RM 556, with core pricing between RM 481 and RM 631. Market pricing typically extends from RM 493.13 to RM 618.88, reflecting moderate variation in unit pricing. With an IQR of RM 125.75 and MAD of RM 75, 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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FETTES RESIDENCES, Timur Laut, Penang

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Transactions

4 transactions grouped by size

1,650 sqft
Condo/Apartment
RM 910,000
Level 14
1,658 sqft · RM 549 PSF
2,100 sqft
Condo/Apartment
RM 1,500,000
Level 32
2,077 sqft · RM 722 PSF
2,500 sqft
Condo/Apartment
RM 1,400,000
Level 32
2,486 sqft · RM 563 PSF
RM 1,350,000
Level 4
2,508 sqft · RM 538 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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