Area Intelligence

MINDEN RESIDENCE

1 properties
2023
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Median Price
RM 1,500,000
PSF: RM 484

Residential Market

Median Price

RM 1,500,000

IQR: RM 102
RM 484 PSF 12.1%

PSF Trends (2021-2025)

MINDEN RESIDENCE in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 1.50 million and a median price per square foot (PSF) of RM 484.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey semi-detached, with minimal variety in property types.

For price per square foot, the median is RM 484, with most transactions between RM 484 and RM 484. The usual range is RM 433.00 to RM 535.00, showing that most units are priced quite close to each other. With an IQR of RM 102.00 and MAD of RM 0, 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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MINDEN RESIDENCE, Timur Laut, Penang

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Transactions

1 properties grouped by size

3,100 sqft
1 units Double Storey Semi-D
RM 1,500,000
PERSIARAN MINDEN
3,100 sqft · RM 484.00 PSF
Nov 2023