Alila Homes

Tanjung Bungah, Pulau Pinang, Malaysia

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Selling in Alila Homes? Homes here sold for a median of RM1,155,000.

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Market Snapshot

Residential

RM1,155,000

RM1,145 psf

Median transaction price

Low

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Alila Homes
© OpenStreetMap · CARTO

Alila Homes, Tanjung Bungah, Pulau Pinang, Malaysia

Maps

Alila Homes in Timur Laut, Penang recorded 0 subsale transactions in 2021, with a median price of RM1.16 million and a median price per square foot (PSF) of RM1,145.

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 RM1.16 million, with most transactions falling within a stable range of RM1.00 million to RM1.31 million, and a typical market range of RM1.04 million to RM1.27 million.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM1,145, with core pricing between RM1,016 and RM1,273. Market pricing typically extends from RM1,013.38 to RM1,275.63, reflecting moderate variation in unit pricing. With an IQR of RM262.25 and MAD of RM129, 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.