THE PEAK RESIDENCE

THE PEAK RESIDENCE in Timur Laut, Penang recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 565K and a median price per square foot (PSF) of RM 514.

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 565K, with most transactions falling within a stable range of RM 495K to RM 650K, and a typical market range of RM 518K to RM 613K.

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

The median PSF stands at RM 514, with core pricing between RM 437 and RM 591. Market pricing typically extends from RM 465.13 to RM 562.88, reflecting moderate variation in unit pricing. The spread of RM 97.75 (IQR) and deviation of RM 77 (MAD) suggest moderate price variations reflecting different property features.

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.