CITY OF DREAMS
Residential Market
Median Price
RM 1,435,000
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 34 subsale transactions between 2021 and 2025, with a median price of RM 1.44 million and a median price per square foot (PSF) of RM 1,220.
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 1.44 million, with most transactions falling within a stable range of RM 1.23 million to RM 1.64 million, and a typical market range of RM 1.29 million to RM 1.58 million.
Most transactions involved service apartment, with minimal variety in property types.
The median PSF stands at RM 1,220, with core pricing between RM 1,054 and RM 1,386. Market pricing typically extends from RM 1,109.88 to RM 1,330.13, reflecting moderate variation in unit pricing. With an IQR of RM 220.25 and MAD of RM 166, 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. Moderate transaction volume may require patience when buying or selling.
Filter by type, year, price, and size
Transactions
34 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Service Apartment |
|
RM 1,185,000
|
RM 1,001.00
|
1,184 sqft
|
Oct 2024
|
Service Apartment |
|
RM 1,500,000
|
RM 1,267.00
|
1,184 sqft
|
Aug 2024
|
Service Apartment |
|
RM 1,312,000
|
RM 1,139.00
|
1,152 sqft
|
Aug 2024
|
Service Apartment |
|
RM 1,635,000
|
RM 1,381.00
|
1,184 sqft
|
Jul 2024
|
Service Apartment |
|
RM 1,304,000
|
RM 1,101.00
|
1,184 sqft
|
May 2024
|
Service Apartment |
|
RM 1,420,000
|
RM 1,199.00
|
1,184 sqft
|
Mar 2024
|
Service Apartment |
|
RM 1,238,000
|
RM 1,046.00
|
1,184 sqft
|
Mar 2024
|
Service Apartment |
|
RM 1,244,000
|
RM 1,051.00
|
1,184 sqft
|
Feb 2024
|
Service Apartment |
|
RM 1,600,000
|
RM 1,351.00
|
1,184 sqft
|
Jan 2024
|
Service Apartment |
|
RM 1,645,000
|
RM 1,389.00
|
1,184 sqft
|
Dec 2023
|
Service Apartment |
|
RM 1,244,000
|
RM 1,051.00
|
1,184 sqft
|
Nov 2023
|
Service Apartment |
|
RM 1,198,000
|
RM 1,040.00
|
1,152 sqft
|
Nov 2023
|
Service Apartment |
|
RM 1,244,000
|
RM 1,051.00
|
1,184 sqft
|
Oct 2023
|
Service Apartment |
|
RM 1,450,000
|
RM 1,225.00
|
1,184 sqft
|
Sep 2023
|
Service Apartment |
|
RM 1,370,000
|
RM 1,157.00
|
1,184 sqft
|
Jul 2023
|
Service Apartment |
|
RM 1,950,000
|
RM 1,647.00
|
1,184 sqft
|
May 2023
|
Service Apartment |
|
RM 1,455,000
|
RM 1,263.00
|
1,152 sqft
|
Dec 2022
|
Service Apartment |
|
RM 1,820,000
|
RM 1,536.00
|
1,185 sqft
|
Nov 2022
|
Service Apartment |
|
RM 1,652,000
|
RM 1,394.00
|
1,185 sqft
|
Nov 2022
|
Service Apartment |
|
RM 1,820,000
|
RM 1,537.00
|
1,184 sqft
|
Nov 2022
|
Service Apartment |
|
RM 1,652,000
|
RM 1,395.00
|
1,184 sqft
|
Nov 2022
|
Service Apartment |
|
RM 1,400,000
|
RM 1,216.00
|
1,152 sqft
|
Oct 2022
|
Service Apartment |
|
RM 1,400,000
|
RM 1,216.00
|
1,152 sqft
|
Oct 2022
|
Service Apartment |
|
RM 1,504,000
|
RM 1,270.00
|
1,184 sqft
|
Sep 2022
|
Service Apartment |
|
RM 1,484,000
|
RM 1,253.00
|
1,184 sqft
|
Sep 2022
|
Service Apartment |
|
RM 1,390,000
|
RM 1,174.00
|
1,184 sqft
|
Sep 2022
|
Service Apartment |
|
RM 1,300,000
|
RM 1,097.00
|
1,185 sqft
|
Jun 2022
|
Condo/Apartment |
|
RM 1,450,000
|
RM 1,224.00
|
1,185 sqft
|
Nov 2021
|
Service Apartment |
|
RM 1,783,000
|
RM 1,506.00
|
1,184 sqft
|
May 2021
|
Service Apartment |
|
RM 1,860,000
|
RM 1,571.00
|
1,184 sqft
|
Apr 2021
|
Service Apartment |
|
RM 1,385,000
|
RM 1,203.00
|
1,152 sqft
|
Apr 2021
|
Service Apartment |
|
RM 1,400,000
|
RM 1,182.00
|
1,184 sqft
|
Jan 2021
|
Service Apartment |
|
RM 1,382,000
|
RM 1,200.00
|
1,152 sqft
|
Jan 2021
|
Condo/Apartment |
|
RM 1,495,000
|
RM 1,262.00
|
1,185 sqft
|
Jan 2021
|