Area Intelligence

MIDLANDS CONDO

9 properties
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Median Price
RM 360,000
PSF: RM 471

Residential Market

Median Price

RM 360,000

IQR: RM 26
MAD: RM 18
RM 471 PSF 3.2%

PSF Trends (2021-2025)

MIDLANDS CONDO in Timur Laut, Penang recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 360K and a median price per square foot (PSF) of RM 471.

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 360K, with most transactions falling within a stable range of RM 325K to RM 395K, and a typical market range of RM 345K to RM 375K.

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

For price per square foot, the median is RM 471, with most transactions between RM 426 and RM 516. The usual range is RM 458.00 to RM 484.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 26.00 and an average deviation (MAD) of RM 45 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. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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MIDLANDS CONDO, Timur Laut, Penang

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Transactions

9 properties found

Condo/Apartment
RM 318,000
764 sqft May 2024
RM 416.00 PSF
Condo/Apartment
RM 360,000
764 sqft Jan 2024
RM 471.00 PSF
Condo/Apartment
RM 345,000
764 sqft Nov 2023
RM 451.00 PSF
Condo/Apartment
RM 360,000
764 sqft Oct 2022
RM 471.00 PSF
Condo/Apartment
RM 345,000
764 sqft Sep 2022
RM 451.00 PSF
Condo/Apartment
RM 340,000
764 sqft Sep 2022
RM 445.00 PSF
Condo/Apartment
RM 360,000
764 sqft Jul 2022
RM 471.00 PSF
Condo/Apartment
RM 360,000
764 sqft Feb 2022
RM 471.00 PSF
Condo/Apartment
RM 450,000
764 sqft Oct 2021
RM 589.00 PSF