Arte S

11700 Gelugor, Penang, Malaysia

Property Transactions

3 subsales grouped by size

Median
RM710,000
PSF
RM563
Price Size
Period
transactions middle 50% (P25–P75)
650 sqft
Serviced Apt
RM470,000
Level 18
660 sqft · RM712 PSF
1,250 sqft
Serviced Apt
RM710,000
Level 25
1,262 sqft · RM563 PSF
1,300 sqft
Serviced Apt
RM710,000
Level 25
1,294 sqft · RM549 PSF
Legend Recent Highest Price Highest PSF

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Arte S
© OpenStreetMap · CARTO

11700 Gelugor, Penang, Malaysia

Maps

Arte S in Timur Laut, Penang recorded 3 subsale transactions in 2023, with a median price of RM710K and a median price per square foot (PSF) of RM563.

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 RM710K, with most transactions falling within a stable range of RM597K to RM710K, and a typical market range of RM636K to RM710K.

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

The median PSF stands at RM563, with core pricing between RM489 and RM637. Market pricing typically extends from RM482.12 to RM643.12, reflecting moderate variation in unit pricing. With an IQR of RM161.00 and MAD of RM74, 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.