THE RISE COLLECTION II

THE RISE COLLECTION II in Timur Laut, Penang recorded 5 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment properties, with a median price of RM 433K and a median price per square foot (PSF) of RM 479.

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 433K, with most transactions falling within a stable range of RM 341K to RM 490K, and a typical market range of RM 403K to RM 463K.

Within the Condo/Apartment category, flats dominated the market, with minimal variety in property types.

Price per square foot shows a median of RM 479, though individual units vary from RM 368 to RM 590 in the core range. The broader market spans RM 438.63 to RM 519.38, indicating diverse property characteristics. The spread of RM 80.75 (IQR) and deviation of RM 111 (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. 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.