ARTE S

ARTE S in Timur Laut, Penang recorded 6 subsale transactions in 2021, with a median price of RM 688K and a median price per square foot (PSF) of RM 654.

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 688K, with most transactions falling within a stable range of RM 533K to RM 842K, and a typical market range of RM 608K to RM 768K.

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

The median PSF stands at RM 654, with core pricing between RM 566 and RM 742. Market pricing typically extends from RM 572.00 to RM 736.00, reflecting moderate variation in unit pricing. With an IQR of RM 164.00 and MAD of RM 88, 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.