3 RESIDENCE

3 RESIDENCE in Timur Laut, Penang recorded 24 subsale transactions between 2021 and 2025, with a median price of RM 807K and a median price per square foot (PSF) of RM 781.

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 807K, with most transactions falling within a stable range of RM 769K to RM 845K, and a typical market range of RM 756K to RM 859K.

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

For price per square foot, the median is RM 781, with most transactions between RM 744 and RM 818. The usual range is RM 757.50 to RM 804.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 47.00 and an average deviation (MAD) of RM 37 indicate a highly stable PSF trend across properties.

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. Moderate transaction volume may require patience when buying or selling.