MIDLANDS CONDO

MIDLANDS CONDO in Timur Laut, Penang recorded 4 subsale transactions in 2021, with a median price of RM 400K and a median price per square foot (PSF) of RM 489.

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 400K, with most transactions falling within a stable range of RM 368K to RM 432K, and a typical market range of RM 385K to RM 415K.

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

The median PSF stands at RM 489, with core pricing between RM 433 and RM 545. Market pricing typically extends from RM 476.00 to RM 502.00, reflecting moderate variation in unit pricing. With an IQR of RM 26.00 and MAD of RM 56, 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.