TAMAN SKYRIDGE

TAMAN SKYRIDGE in Timur Laut, Penang recorded 5 subsale transactions in 2023, with a median price of RM 360K and a median price per square foot (PSF) of RM 500.

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 360K, with most transactions falling within a stable range of RM 291K to RM 429K, and a typical market range of RM 313K to RM 408K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM 500, with core pricing between RM 447 and RM 553. Market pricing typically extends from RM 454.00 to RM 546.00, reflecting moderate variation in unit pricing. With an IQR of RM 92.00 and MAD of RM 53, 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.