One Ritz Residence

George Town, Penang, Malaysia

Property Transactions

1 subsales found

Median
RM2,300,000
PSF
RM498
Price Size
Period
transactions middle 50% (P25–P75)
RM2,300,000
Level 12
4,618 sqft RM498 PSF
Legend Recent Highest Price Highest PSF

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George Town, Penang, Malaysia

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One Ritz Residence in Timur Laut, Penang recorded 1 subsale transactions between 2021 and 2026, sized between 4,575 and 4,624 sqft, with a median price of RM2.30 million and a median price per square foot (PSF) of RM498.

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 condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM498, with most transactions between RM498 and RM498. The usual range is RM452.33 to RM543.83, showing that most units are priced quite close to each other. With an IQR of RM91.50 and MAD of RM0, 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.