Terra Firma Dev. S/B

George Town, Penang, Malaysia

Property Transactions

4 subsales found

Median
RM206,500
PSF
RM315
Price Size
Period
transactions middle 50% (P25–P75)
RM293,000
Level 2
646 sqft RM454 PSF
RM218,000
Level 1
657 sqft RM332 PSF
RM195,000
Level 2
657 sqft RM297 PSF
RM170,000
Level 4
657 sqft RM259 PSF
Legend Recent Highest Price Highest PSF

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Terra Firma Dev. S/B in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2026, sized between 625 and 674 sqft, with a median price of RM207K and a median price per square foot (PSF) of RM315.

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 RM207K, with most transactions falling within a stable range of RM170K to RM252K, and a typical market range of RM181K to RM232K.

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

Price per square foot shows a median of RM315, though individual units vary from RM241 to RM388 in the core range. The broader market spans RM266.13 to RM362.88, indicating diverse property characteristics. The spread of RM96.75 (IQR) and deviation of RM73 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.