Ferringhi Residence 2 in Timur Laut, Penang recorded 4 subsale transactions in 2025, with a median price of RM979K and a median price per square foot (PSF) of RM654.

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 RM979K, with most transactions falling within a stable range of RM909K to RM1.00 million, and a typical market range of RM953K to RM1.00 million.

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

For price per square foot, the median is RM654, with most transactions between RM638 and RM671. The usual range is RM645.83 to RM662.83, showing that most units are priced quite close to each other. A typical spread (IQR) of RM17.00 and an average deviation (MAD) of RM16 indicate a highly stable PSF trend across properties.

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.