Menara Riverview in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM363K and a median price per square foot (PSF) of RM386.

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 RM363K, with most transactions falling within a stable range of RM355K to RM370K, and a typical market range of RM355K to RM370K.

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

For price per square foot, the median is RM386, with most transactions between RM378 and RM394. The usual range is RM313.66 to RM457.66, showing that most units are priced quite close to each other. With an IQR of RM144.00 and MAD of RM8, 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.