Area Intelligence

MIDLANDS PARK

4 properties
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Median Price
RM 1,491,000
PSF: RM 842

Residential Market

Median Price

RM 1,491,000

IQR: RM 238
MAD: RM 102
RM 842 PSF 31.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

MIDLANDS PARK in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 1.49 million and a median price per square foot (PSF) of RM 842.

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 1.49 million, with most transactions falling within a stable range of RM 1.36 million to RM 1.62 million, and a typical market range of RM 1.37 million to RM 1.62 million.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 842, with core pricing between RM 740 and RM 944. Market pricing typically extends from RM 722.63 to RM 960.38, reflecting moderate variation in unit pricing. With an IQR of RM 237.75 and MAD of RM 102, 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.

Area Location

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MIDLANDS PARK, Timur Laut, Penang

OSM

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Transactions

4 properties grouped by size

1,400 sqft
1 units Double Storey Terraced
RM 1,302,000
GERBANG MIDLANDS
1,399 sqft · RM 931.00 PSF
Mar 2024
1,650 sqft
1 units Double Storey Terraced
RM 1,560,000
SOLOK MIDLANDS
1,631 sqft · RM 956.00 PSF
Jun 2024
1,900 sqft
1 units Double Storey Terraced
RM 1,422,000
SOLOK MIDLANDS
1,890 sqft · RM 752.00 PSF
Sep 2024
3,450 sqft
1 units Double Storey Semi-D
RM 1,880,000
SOLOK MANO
3,467 sqft · RM 542.00 PSF
Jun 2022