SIERRA EAST

SIERRA EAST in Timur Laut, Penang recorded 4 subsale transactions in 2021, with a median price of RM 823K and a median price per square foot (PSF) of RM 596.

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 823K, with most transactions falling within a stable range of RM 768K to RM 878K, and a typical market range of RM 763K to RM 890K.

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

For price per square foot, the median is RM 596, with most transactions between RM 565 and RM 627. The usual range is RM 525.00 to RM 667.00, showing that most units are priced quite close to each other. With an IQR of RM 142.00 and MAD of RM 31, 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.