FERINGGI RESIDENCE

FERINGGI RESIDENCE in Timur Laut, Penang recorded 105 subsale transactions between 2021 and 2025, with a median price of RM 860K and a median price per square foot (PSF) of RM 570.

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 860K, with most transactions falling within a stable range of RM 814K to RM 906K, and a typical market range of RM 811K to RM 909K.

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

For price per square foot, the median is RM 570, with most transactions between RM 533 and RM 607. The usual range is RM 523.50 to RM 616.50, showing that most units are priced quite close to each other. With an IQR of RM 93.00 and MAD of RM 37, 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. Steady transaction activity supports reliable market pricing.