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Selling in The Zen? Homes here sold for a median of RM550,000.
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The Zen
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 13
Market Snapshot
ResidentialRM545,000
RM641 psfMedian transaction price
Does THE ZEN rent out well?
Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.
See the yield with PlusRM59 a month, cancel any time
Persiaran Bayan Mutiara 3, 11700 Gelugor, Pulau Pinang, Malaysia
MapsThe Zen in Timur Laut, Penang recorded 0 subsale transactions in 2022, with a median price of RM550K and a median price per square foot (PSF) of RM653.
This area contains both residential and commercial properties. View 33 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 RM550K, with most transactions falling within a stable range of RM497K to RM604K, and a typical market range of RM500K to RM600K.
Most transactions involved condominium/apartment, though some variety exists in the market.
The median PSF stands at RM653, with core pricing between RM587 and RM720. Market pricing typically extends from RM591.63 to RM714.38, reflecting moderate variation in unit pricing. With an IQR of RM122.75 and MAD of RM67, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.