Midlands Condo

1, Persiaran Midlands, George Town, 10250 George Town, Pulau Pinang, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM400,000
PSF
RM489
Price Size
Period
transactions middle 50% (P25–P75)
750 sqft
Condo
RM450,000
Level 15
764 sqft · RM589 PSF
800 sqft
Condo
RM400,000
Level 21
818 sqft · RM489 PSF
RM400,000
Level 26
818 sqft · RM489 PSF
850 sqft
Condo
RM360,000
Level 19
829 sqft · RM434 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM400,000

RM489 psf

Median transaction price

Average

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1, Persiaran Midlands, George Town, 10250 George Town, Pulau Pinang, Malaysia

Maps

Midlands Condo in Timur Laut, Penang recorded 4 subsale transactions in 2021, with a median price of RM400K and a median price per square foot (PSF) of RM489.

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 RM400K, with most transactions falling within a stable range of RM368K to RM432K, and a typical market range of RM380K to RM420K.

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

The median PSF stands at RM489, with core pricing between RM433 and RM545. Market pricing typically extends from RM474.46 to RM503.46, reflecting moderate variation in unit pricing. With an IQR of RM29.00 and MAD of RM56, 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.