N-PARK (TAMAN UTARA)

N-PARK (TAMAN UTARA) in Timur Laut, Penang recorded 18 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 164K and a median price per square foot (PSF) of RM 293.

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 164K, with most transactions falling within a stable range of RM 140K to RM 188K, and a typical market range of RM 138K to RM 230K.

Within the Low-Cost Flat category, condominium/apartment dominated the market, with moderate diversity in property types available.

The median PSF stands at RM 293, with core pricing between RM 252 and RM 334. Market pricing typically extends from RM 185.13 to RM 400.88, reflecting moderate variation in unit pricing. With an IQR of RM 215.75 and MAD of RM 41, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.