Area Intelligence

TERRA FIRMA DEV. S/B

7 properties
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Median Price
RM 239,000
PSF: RM 347

Residential Market

Median Price

RM 239,000

IQR: RM 96
MAD: RM 58
RM 347 PSF

PSF Trends (2021-2025)

TERRA FIRMA DEV. S/B in Timur Laut, Penang recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 239K and a median price per square foot (PSF) of RM 347.

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 239K, with most transactions falling within a stable range of RM 218K to RM 260K, and a typical market range of RM 214K to RM 264K.

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

The median PSF stands at RM 347, with core pricing between RM 289 and RM 405. Market pricing typically extends from RM 299.00 to RM 395.00, reflecting moderate variation in unit pricing. The spread of RM 96.00 (IQR) and deviation of RM 58 (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.

Area Location

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TERRA FIRMA DEV. S/B, Timur Laut, Penang

OSM

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Transactions

7 properties grouped by size

600 sqft
3 units Flat
RM 253,000
624 sqft · RM 405.00 PSF
Jan 2025
RM 260,000
624 sqft · RM 416.00 PSF
Nov 2023
RM 270,000
624 sqft · RM 432.00 PSF
Oct 2023
650 sqft
3 units Flat
RM 218,000
657 sqft · RM 332.00 PSF
May 2023
RM 195,000
657 sqft · RM 297.00 PSF
Apr 2023
RM 170,000
657 sqft · RM 259.00 PSF
Mar 2023
700 sqft
1 units Flat
RM 239,000
689 sqft · RM 347.00 PSF
Aug 2023