MINDEN HEIGHTS
Residential Market
Median Price
RM 2,500,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Detached
28 properties
Median Price
RM 2,815,000
-6.0% CAGR
Median PSF
RM 440.00
-2.6% CAGR
Double Storey Terraced
6 properties
Median Price
RM 1,576,250
-11.2% CAGR
Median PSF
RM 457.00
+9.2% CAGR
Double Storey Semi-D
5 properties
Median Price
RM 1,525,000
Median PSF
RM 449.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Detached | 28 |
RM 2,815,000
±315K MAD
|
-5.95% |
RM 440.00
±47 MAD
|
-2.56% | |
Double Storey Terraced | 6 |
RM 1,576,250
±94K MAD
|
-11.23% |
RM 457.00
±20 MAD
|
+9.15% | |
Double Storey Semi-D | 5 |
RM 1,525,000
|
- |
RM 449.00
|
- |
MINDEN HEIGHTS in Timur Laut, Penang recorded 7 subsale transactions in 2022, with a median price of RM 2.50 million and a median price per square foot (PSF) of RM 440.
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 2.50 million, with most transactions falling within a stable range of RM 2.31 million to RM 2.69 million, and a typical market range of RM 2.30 million to RM 2.88 million.
Most transactions involved detached, with moderate diversity in property types available.
The median PSF stands at RM 440, with core pricing between RM 375 and RM 505. Market pricing typically extends from RM 386.25 to RM 493.75, reflecting moderate variation in unit pricing. With an IQR of RM 107.50 and MAD of RM 65, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
7 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Detached |
CANGKAT MINDEN LORONG 11
|
RM 2,750,000
|
RM 413.00
|
6,652 sqft
|
Oct 2022
|
Detached |
CHANGKAT MINDEN JLN 15
|
RM 2,500,000
|
RM 448.00
|
5,586 sqft
|
Sep 2022
|
Detached |
CHANGKAT MINDEN JLN 4
|
RM 2,550,000
|
RM 568.00
|
4,489 sqft
|
Jun 2022
|
Detached |
CANGKAT MINDEN JALAN 1
|
RM 2,415,000
|
RM 443.00
|
5,457 sqft
|
Mar 2022
|
Detached |
CANGKAT MINDEN LORONG 12
|
RM 2,880,000
|
RM 405.00
|
7,115 sqft
|
Mar 2022
|
Detached |
CANGKAT MINDEN LORONG 4
|
RM 2,380,000
|
RM 440.00
|
5,414 sqft
|
Feb 2022
|
Detached |
CANGKAT MINDEN JALAN 15
|
RM 2,300,000
|
RM 333.00
|
6,910 sqft
|
Jan 2022
|