Area Intelligence

MENARA RIVERVIEW

1 properties
2023
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Median Price
RM 230,000
PSF: RM 267

Residential Market

Median Price

RM 230,000

IQR: RM 64
MAD: RM 16
RM 267 PSF 30.8%

PSF Trends (2021-2025)

MENARA RIVERVIEW in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 230K and a median price per square foot (PSF) of RM 267.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 267, with most transactions between RM 267 and RM 267. The usual range is RM 235.25 to RM 298.75, showing that most units are priced quite close to each other. With an IQR of RM 63.50 and MAD of RM 0, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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MENARA RIVERVIEW, Timur Laut, Penang

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Transactions

1 properties grouped by size

850 sqft
1 units Flat
RM 230,000
863 sqft · RM 267.00 PSF
Sep 2023