THE OASIS

THE OASIS in Timur Laut, Penang recorded 6 subsale transactions in 2023, with a median price of RM 510K and a median price per square foot (PSF) of RM 729.

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 510K, with most transactions falling within a stable range of RM 484K to RM 563K, and a typical market range of RM 484K to RM 550K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 729, with core pricing between RM 653 and RM 804. Market pricing typically extends from RM 668.00 to RM 789.00, reflecting moderate variation in unit pricing. With an IQR of RM 121.00 and MAD of RM 75, 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. 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.