VICTORIA HEIGHTS

VICTORIA HEIGHTS in Timur Laut, Penang recorded 2 subsale transactions in 2024, with a median price of RM 403K and a median price per square foot (PSF) of RM 510.

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 403K, with most transactions falling within a stable range of RM 355K to RM 450K, and a typical market range of RM 398K to RM 408K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM 510, with core pricing between RM 446 and RM 573. Market pricing typically extends from RM 496.25 to RM 522.75, reflecting moderate variation in unit pricing. With an IQR of RM 26.50 and MAD of RM 64, 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.