THE RISE COLLECTION II

THE RISE COLLECTION II in Timur Laut, Penang recorded 86 subsale transactions between 2021 and 2025, with a median price of RM 380K and a median price per square foot (PSF) of RM 468.

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 380K, with most transactions falling within a stable range of RM 347K to RM 413K, and a typical market range of RM 350K to RM 410K.

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

For price per square foot, the median is RM 468, with most transactions between RM 430 and RM 506. The usual range is RM 427.13 to RM 507.88, showing that most units are priced quite close to each other. With an IQR of RM 80.75 and MAD of RM 38, 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. Moderate transaction volume may require patience when buying or selling.