3 RESIDENCE

3 RESIDENCE in Timur Laut, Penang recorded 72 subsale transactions between 2021 and 2025, with a median price of RM 650K and a median price per square foot (PSF) of RM 764.

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 650K, with most transactions falling within a stable range of RM 615K to RM 685K, and a typical market range of RM 599K to RM 702K.

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

For price per square foot, the median is RM 764, with most transactions between RM 723 and RM 805. The usual range is RM 740.50 to RM 787.50, 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 41 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.