Area Intelligence

HALAMAN AREKA

3 properties
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Median Price
RM 430,000
PSF: RM 374

Residential Market

Median Price

RM 430,000

IQR: RM 72
MAD: RM 6
RM 374 PSF 0.8%

PSF Trends (2021-2025)

HALAMAN AREKA in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 430K and a median price per square foot (PSF) of RM 374.

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 430K, with most transactions falling within a stable range of RM 420K to RM 440K, and a typical market range of RM 408K to RM 440K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 374, with most transactions between RM 368 and RM 380. The usual range is RM 338.00 to RM 410.00, showing that most units are priced quite close to each other. With an IQR of RM 72.00 and MAD of RM 6, 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.

Area Location

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HALAMAN AREKA, Timur Laut, Penang

OSM

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Transactions

3 properties grouped by size

850 sqft
1 units Flat
RM 430,000
840 sqft · RM 512.00 PSF
May 2023
950 sqft
1 units Flat
RM 350,000
936 sqft · RM 374.00 PSF
Feb 2024
1,200 sqft
1 units Flat
RM 440,000
1,195 sqft · RM 368.00 PSF
Feb 2022