Area Intelligence

PINANG COURT 2

3 properties
2021
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Median Price
RM 288,000
PSF: RM 446

Residential Market

Median Price

RM 288,000

IQR: RM 34
MAD: RM 15
RM 446 PSF 1.2%

PSF Trends (2021-2025)

PINANG COURT 2 in Timur Laut, Penang recorded 3 subsale transactions in 2021, with a median price of RM 288K and a median price per square foot (PSF) of RM 446.

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 288K, with most transactions falling within a stable range of RM 278K to RM 298K, and a typical market range of RM 277K to RM 299K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 446, with most transactions between RM 430 and RM 462. The usual range is RM 429.00 to RM 463.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 34.00 and an average deviation (MAD) of RM 16 indicate a highly stable PSF trend across properties.

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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PINANG COURT 2, Timur Laut, Penang

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Transactions

3 properties grouped by size

650 sqft
3 units Flat
RM 275,000
646 sqft · RM 426.00 PSF
Dec 2021
RM 288,000
646 sqft · RM 446.00 PSF
Jul 2021
RM 300,000
646 sqft · RM 465.00 PSF
Feb 2021