Halaman Areka in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM390K and a median price per square foot (PSF) of RM433.

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 RM390K, with most transactions falling within a stable range of RM350K to RM436K, and a typical market range of RM350K to RM435K.

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

The median PSF stands at RM433, with core pricing between RM368 and RM497. Market pricing typically extends from RM373.92 to RM491.92, reflecting moderate variation in unit pricing. With an IQR of RM118.00 and MAD of RM64, 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.