Area Intelligence

MIDLANDS PARK

1 properties
2022
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Median Price
RM 1,880,000
PSF: RM 542

Residential Market

Median Price

RM 1,880,000

IQR: RM 238
MAD: RM 102
RM 542 PSF 31.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

MIDLANDS PARK in Timur Laut, Penang recorded 1 subsale transactions in 2022, with a median price of RM 1.88 million and a median price per square foot (PSF) of RM 542.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 542, with most transactions between RM 542 and RM 542. The usual range is RM 423.13 to RM 660.88, showing that most units are priced quite close to each other. With an IQR of RM 237.75 and MAD of RM 0, 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

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Transactions

1 properties grouped by size

3,450 sqft
1 units Double Storey Semi-D
RM 1,880,000
SOLOK MANO
3,467 sqft · RM 542.00 PSF
Jun 2022