Area Intelligence

CITY OF DREAMS

13 properties
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Median Price
RM 1,360,000
PSF: RM 1,239

Residential Market

Median Price

RM 1,360,000

IQR: RM 220
MAD: RM 117
RM 1,239 PSF 0.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

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.

Area Location

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CITY OF DREAMS, Timur Laut, Penang

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Transactions

13 properties grouped by size

1,100 sqft
13 units (showing 6)
RM 1,360,000
Service Apartment
1,098 sqft · RM 1,239.00 PSF
Aug 2024
RM 1,360,000
Service Apartment
1,098 sqft · RM 1,239.00 PSF
Jul 2024
RM 1,360,000
Service Apartment
1,098 sqft · RM 1,239.00 PSF
Jul 2024
RM 1,360,000
Service Apartment
1,098 sqft · RM 1,239.00 PSF
Jul 2024
RM 1,360,000
Service Apartment
1,098 sqft · RM 1,239.00 PSF
Jun 2024
RM 1,130,000
Service Apartment
1,098 sqft · RM 1,029.00 PSF
May 2024