The Mayfair in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 4,825 and 4,874 sqft, with a median price of RM2.80 million and a median price per square foot (PSF) of RM577.

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 RM2.80 million, with most transactions falling within a stable range of RM2.49 million to RM3.11 million, and a typical market range of RM2.60 million to RM3.00 million.

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

The median PSF stands at RM577, with core pricing between RM513 and RM641. Market pricing typically extends from RM535.28 to RM618.28, reflecting moderate variation in unit pricing. With an IQR of RM83.00 and MAD of RM64, 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. 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.