Area Intelligence

MIRA RESIDENCE

6 properties
2022
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Median Price
RM 1,105,000
PSF: RM 714

Residential Market

Median Price

RM 1,105,000

IQR: RM 102
MAD: RM 57
RM 714 PSF 2.2%

PSF Trends (2021-2025)

MIRA RESIDENCE in Timur Laut, Penang recorded 6 subsale transactions in 2022, with a median price of RM 1.11 million and a median price per square foot (PSF) of RM 714.

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 1.11 million, with most transactions falling within a stable range of RM 887K to RM 1.32 million, and a typical market range of RM 938K to RM 1.27 million.

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

The median PSF stands at RM 714, with core pricing between RM 634 and RM 793. Market pricing typically extends from RM 662.38 to RM 764.63, reflecting moderate variation in unit pricing. With an IQR of RM 102.25 and MAD of RM 79, 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.

Area Location

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MIRA RESIDENCE, Timur Laut, Penang

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Transactions

6 properties grouped by size

1,350 sqft
3 units Condo/Apartment
RM 828,000
1,352 sqft · RM 612.00 PSF
May 2022
RM 1,010,000
1,352 sqft · RM 747.00 PSF
Apr 2022
RM 920,000
1,352 sqft · RM 680.00 PSF
Feb 2022
1,650 sqft
1 units Condo/Apartment
RM 1,300,000
1,635 sqft · RM 795.00 PSF
Mar 2022
1,800 sqft
1 units Condo/Apartment
RM 1,450,000
1,814 sqft · RM 799.00 PSF
May 2022
2,000 sqft
1 units Condo/Apartment
RM 1,200,000
1,980 sqft · RM 606.00 PSF
May 2022