THE ZEN

THE ZEN in Timur Laut, Penang recorded 30 subsale transactions in 2024, with a median price of RM 555K and a median price per square foot (PSF) of RM 659.

This area contains both residential and commercial properties. View 26 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 555K, with most transactions falling within a stable range of RM 435K to RM 784K, and a typical market range of RM 515K to RM 595K.

Most transactions involved condominium/apartment, though some variety exists in the market.

Price per square foot shows a median of RM 659, though individual units vary from RM 444 to RM 874 in the core range. The broader market spans RM 604.50 to RM 713.50, indicating diverse property characteristics. A wider spread (IQR: RM 109.00) and deviation (MAD: RM 215) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.