Area Intelligence

THE CANTONMENT

8 properties
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Median Price
RM 1,342,500
PSF: RM 1,155

Residential Market

Median Price

RM 1,342,500

IQR: RM 76
MAD: RM 37
RM 1,155 PSF 1.7%

PSF Trends (2021-2025)

THE CANTONMENT in Timur Laut, Penang recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 1.34 million and a median price per square foot (PSF) of RM 1,155.

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 1.34 million, with most transactions falling within a stable range of RM 1.28 million to RM 1.41 million, and a typical market range of RM 1.17 million to RM 1.52 million.

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

For price per square foot, the median is RM 1,155, with most transactions between RM 1,118 and RM 1,192. The usual range is RM 1,116.88 to RM 1,193.13, showing that most units are priced quite close to each other. With an IQR of RM 76.25 and MAD of RM 37, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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THE CANTONMENT, Timur Laut, Penang

OSM

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Transactions

8 properties grouped by size

1,000 sqft
1 units Condo/Apartment
RM 1,270,000
1,000 sqft · RM 1,270.00 PSF
Feb 2022
1,150 sqft
5 units Condo/Apartment
RM 1,385,000
1,163 sqft · RM 1,191.00 PSF
Jan 2024
RM 1,300,000
1,163 sqft · RM 1,118.00 PSF
Jul 2023
RM 1,400,000
1,163 sqft · RM 1,204.00 PSF
Nov 2022
RM 499,000
1,163 sqft · RM 429.00 PSF
Feb 2022
RM 1,300,000
1,163 sqft · RM 1,118.00 PSF
Apr 2021
2,050 sqft
1 units Condo/Apartment
RM 2,350,000
2,045 sqft · RM 1,149.00 PSF
Jun 2021
2,350 sqft
1 units Condo/Apartment
RM 2,750,000
2,368 sqft · RM 1,161.00 PSF
Dec 2022