Area Intelligence

THE RISE COLLECTION 1

109 properties
Flat
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Median Price
RM 73,000
PSF: RM 104

Residential Market

Median Price

RM 73,000

RM 104 PSF 62.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

THE RISE COLLECTION 1 in Timur Laut, Penang recorded 109 Flat properties subsale transactions between 2021 and 2025 for flat properties, with a median price of RM 73K and a median price per square foot (PSF) of RM 104.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Within the Flat category, flats dominated the market, with minimal variety in property types.

Price per square foot shows a median of RM 104, though individual units vary from RM 47 to RM 161 in the core range. The broader market spans RM 104.00 to RM 104.00, indicating diverse property characteristics. A wider spread (IQR: RM 0.00) and deviation (MAD: RM 57) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Steady transaction activity supports reliable market pricing.

Area Location

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THE RISE COLLECTION 1, Timur Laut, Penang

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Transactions

109 properties grouped by size

700 sqft
109 units (showing 6) Flat
RM 328,000
700 sqft · RM 469.00 PSF
Jul 2024
RM 300,000
700 sqft · RM 429.00 PSF
May 2024
RM 73,000
700 sqft · RM 104.00 PSF
Sep 2023
RM 73,000
700 sqft · RM 104.00 PSF
Aug 2023
RM 73,000
700 sqft · RM 104.00 PSF
Aug 2023
RM 73,000
700 sqft · RM 104.00 PSF
Aug 2023