PINANG APARTMENT
Residential Market
Median Price
RM 450,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Flat
25 properties
Median Price
RM 305,000
+7.7% CAGR
Median PSF
RM 329.50
+6.9% CAGR
Condo/Apartment
3 properties
Median Price
RM 481,250
+13.9% CAGR
Median PSF
RM 474.50
-2.7% CAGR
Low-Cost Flat
1 properties
Median Price
RM 330,000
Median PSF
RM 398.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Flat | 25 |
RM 305,000
±15K MAD
|
+7.72% |
RM 329.50
±13 MAD
|
+6.89% | |
Condo/Apartment | 3 |
RM 481,250
±31K MAD
|
+13.89% |
RM 474.50
±7 MAD
|
-2.70% | |
Low-Cost Flat | 1 |
RM 330,000
|
- |
RM 398.00
|
- |
PINANG APARTMENT in Timur Laut, Penang recorded 0 subsale transactions between 2021 and 2025, 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 485K, and a typical market range of RM 401K to RM 499K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 481, with most transactions between RM 469 and RM 493. 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 12 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. 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.
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