Area Intelligence

THE VIEW

6 properties
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Median Price
RM 877,500
PSF: RM 393

Residential Market

Median Price

RM 877,500

IQR: RM 57
MAD: RM 33
RM 393 PSF 7.1%

PSF Trends (2021-2025)

THE VIEW in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 878K and a median price per square foot (PSF) of RM 393.

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 878K, with most transactions falling within a stable range of RM 790K to RM 965K, and a typical market range of RM 806K to RM 949K.

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

For price per square foot, the median is RM 393, with most transactions between RM 360 and RM 426. The usual range is RM 364.75 to RM 421.25, showing that most units are priced quite close to each other. With an IQR of RM 56.50 and MAD of RM 33, 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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THE VIEW, Timur Laut, Penang

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Transactions

6 properties grouped by size

2,100 sqft
5 units Condo/Apartment
RM 900,000
2,088 sqft · RM 431.00 PSF
Aug 2024
RM 855,000
2,099 sqft · RM 407.00 PSF
Jul 2024
RM 975,000
2,110 sqft · RM 462.00 PSF
May 2023
RM 800,000
2,110 sqft · RM 379.00 PSF
Mar 2023
RM 770,000
2,110 sqft · RM 365.00 PSF
Jan 2022
3,900 sqft
1 units Condo/Apartment
RM 1,250,000
3,875 sqft · RM 323.00 PSF
Sep 2023