Area Intelligence

PINANG APARTMENT

3 properties
Condo/Apartment
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Median Price
RM 450,000
PSF: RM 481

Residential Market

Median Price

RM 450,000

IQR: RM 25
MAD: RM 12
RM 481 PSF 2.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PINANG APARTMENT in Timur Laut, Penang recorded 3 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment properties, with a median price of RM 450K and a median price per square foot (PSF) of RM 481.

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 450K, with most transactions falling within a stable range of RM 415K to RM 535K, and a typical market range of RM 415K to RM 499K.

Within the Condo/Apartment category, condominium/apartment dominated the market, with minimal variety in property types.

For price per square foot, the median is RM 481, with most transactions between RM 460 and RM 502. The usual range is RM 468.50 to RM 493.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 25.00 and an average deviation (MAD) of RM 21 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. 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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PINANG APARTMENT, Timur Laut, Penang

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Transactions

3 properties grouped by size

950 sqft
2 units Condo/Apartment
RM 415,000
936 sqft · RM 443.00 PSF
Apr 2023
RM 450,000
936 sqft · RM 481.00 PSF
Jun 2022
1,250 sqft
1 units Condo/Apartment
RM 610,000
1,238 sqft · RM 493.00 PSF
Oct 2023