CITY OF DREAMS
Residential Market
Median Price
RM 1,360,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Service Apartment
53 properties
Median Price
RM 1,492,000
-5.1% CAGR
Median PSF
RM 1,244.50
-3.0% CAGR
Condo/Apartment
3 properties
Median Price
RM 1,450,000
Median PSF
RM 1,224.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Service Apartment | 53 |
RM 1,492,000
±54K MAD
|
-5.10% |
RM 1,244.50
±14 MAD
|
-3.01% | |
Condo/Apartment | 3 |
RM 1,450,000
|
- |
RM 1,224.00
|
- |
CITY OF DREAMS in Timur Laut, Penang recorded 13 subsale transactions between 2021 and 2025, with a median price of RM 1.36 million and a median price per square foot (PSF) of RM 1,239.
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 1.36 million, with most transactions falling within a stable range of RM 1.26 million to RM 1.46 million, and a typical market range of RM 1.21 million to RM 1.50 million.
Most transactions involved service apartment, with minimal variety in property types.
For price per square foot, the median is RM 1,239, with most transactions between RM 1,146 and RM 1,332. The usual range is RM 1,128.88 to RM 1,349.13, showing that most units are priced quite close to each other. With an IQR of RM 220.25 and MAD of RM 93, 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.
Filter by type, year, price, and size
Transactions
13 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Service Apartment |
|
RM 1,360,000
|
RM 1,239.00
|
1,098 sqft
|
Aug 2024
|
Service Apartment |
|
RM 1,360,000
|
RM 1,239.00
|
1,098 sqft
|
Jul 2024
|
Service Apartment |
|
RM 1,360,000
|
RM 1,239.00
|
1,098 sqft
|
Jul 2024
|
Service Apartment |
|
RM 1,360,000
|
RM 1,239.00
|
1,098 sqft
|
Jul 2024
|
Service Apartment |
|
RM 1,360,000
|
RM 1,239.00
|
1,098 sqft
|
Jun 2024
|
Service Apartment |
|
RM 1,130,000
|
RM 1,029.00
|
1,098 sqft
|
May 2024
|
Service Apartment |
|
RM 1,500,000
|
RM 1,366.00
|
1,098 sqft
|
Oct 2023
|
Service Apartment |
|
RM 1,500,000
|
RM 1,366.00
|
1,098 sqft
|
Jun 2023
|
Service Apartment |
|
RM 1,250,000
|
RM 1,139.00
|
1,098 sqft
|
Apr 2023
|
Service Apartment |
|
RM 1,437,000
|
RM 1,309.00
|
1,098 sqft
|
Dec 2022
|
Service Apartment |
|
RM 1,367,000
|
RM 1,245.00
|
1,098 sqft
|
Sep 2022
|
Service Apartment |
|
RM 1,200,000
|
RM 1,094.00
|
1,097 sqft
|
Apr 2022
|
Condo/Apartment |
|
RM 1,328,000
|
RM 1,211.00
|
1,097 sqft
|
Nov 2021
|