PENANG TIMES SQUARE - BIRCH REGENCY

PENANG TIMES SQUARE - BIRCH REGENCY in Timur Laut, Penang recorded 6 subsale transactions in 2024, with a median price of RM 550K and a median price per square foot (PSF) of RM 535.

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 550K, with most transactions falling within a stable range of RM 501K to RM 599K, and a typical market range of RM 509K to RM 591K.

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

The median PSF stands at RM 535, with core pricing between RM 454 and RM 615. Market pricing typically extends from RM 470.75 to RM 598.25, reflecting moderate variation in unit pricing. The spread of RM 127.50 (IQR) and deviation of RM 81 (MAD) suggest moderate price variations reflecting different property features.

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.