Area Intelligence

MENARA KUDA LARI

4 properties
2024
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Median Price
RM 402,000
PSF: RM 505

Residential Market

Median Price

RM 402,000

IQR: RM 75
MAD: RM 45
RM 505 PSF 0.9%

PSF Trends (2021-2025)

MENARA KUDA LARI in Timur Laut, Penang recorded 4 subsale transactions in 2024, with a median price of RM 402K and a median price per square foot (PSF) of RM 505.

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 402K, with most transactions falling within a stable range of RM 370K to RM 437K, and a typical market range of RM 372K to RM 432K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 505, with most transactions between RM 462 and RM 548. The usual range is RM 467.50 to RM 542.50, showing that most units are priced quite close to each other. With an IQR of RM 75.00 and MAD of RM 43, 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.

Area Location

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MENARA KUDA LARI, Timur Laut, Penang

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Transactions

4 properties found

Flat
RM 450,000
797 sqft Sep 2024
RM 565.00 PSF
Flat
RM 370,000
797 sqft Jun 2024
RM 465.00 PSF
Flat
RM 430,000
797 sqft May 2024
RM 540.00 PSF
Flat
RM 374,000
797 sqft Feb 2024
RM 470.00 PSF