Area Intelligence

IXORA HEIGHTS APARTMENTS

3 properties
2023
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Median Price
RM 450,000
PSF: RM 493

Residential Market

Median Price

RM 450,000

IQR: RM 107
MAD: RM 47
RM 493 PSF 9.9%

PSF Trends (2021-2025)

IXORA HEIGHTS APARTMENTS in Timur Laut, Penang recorded 3 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 493.

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 450K, with most transactions falling within a stable range of RM 430K to RM 499K, and a typical market range of RM 430K to RM 489K.

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

The median PSF stands at RM 493, with core pricing between RM 429 and RM 557. Market pricing typically extends from RM 439.75 to RM 546.25, reflecting moderate variation in unit pricing. With an IQR of RM 106.50 and MAD of RM 64, 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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IXORA HEIGHTS APARTMENTS, Timur Laut, Penang

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Transactions

3 properties grouped by size

850 sqft
2 units Condo/Apartment
RM 430,000
872 sqft · RM 493.00 PSF
Nov 2023
RM 543,000
872 sqft · RM 623.00 PSF
Aug 2023
950 sqft
1 units Condo/Apartment
RM 450,000
936 sqft · RM 481.00 PSF
Apr 2023