THE STONE

THE STONE in Timur Laut, Penang recorded 15 subsale transactions in 2024, with a median price of RM 420K and a median price per square foot (PSF) of RM 420.

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 420K, with most transactions falling within a stable range of RM 391K to RM 449K, and a typical market range of RM 390K to RM 450K.

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

For price per square foot, the median is RM 420, with most transactions between RM 391 and RM 449. The usual range is RM 390.00 to RM 450.00, showing that most units are priced quite close to each other. With an IQR of RM 60.00 and MAD of RM 29, 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.