Area Intelligence

THE RISE COLLECTION III

29 properties
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Median Price
RM 460,000
PSF: RM 460

Residential Market

Median Price

RM 460,000

IQR: RM 39
MAD: RM 13
RM 460 PSF 1.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 880,000

RM 306 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

THE RISE COLLECTION III in Timur Laut, Penang recorded 29 subsale transactions between 2021 and 2025, with a median price of RM 460K and a median price per square foot (PSF) of RM 460.

This area contains both residential and commercial properties. View 28 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 460K, with most transactions falling within a stable range of RM 445K to RM 475K, and a typical market range of RM 440K to RM 480K.

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

For price per square foot, the median is RM 460, with most transactions between RM 445 and RM 475. The usual range is RM 440.50 to RM 479.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 39.00 and an average deviation (MAD) of RM 15 indicate a highly stable PSF trend across properties.

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.

Area Location

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THE RISE COLLECTION III, Timur Laut, Penang

OSM

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Transactions

29 properties grouped by size

1,000 sqft
28 units (showing 6) Condo/Apartment
RM 460,000
1,001 sqft · RM 460.00 PSF
Aug 2024
RM 485,000
1,001 sqft · RM 484.00 PSF
Aug 2024
RM 550,000
1,001 sqft · RM 549.00 PSF
Jul 2024
RM 460,000
1,001 sqft · RM 460.00 PSF
May 2024
RM 500,000
1,001 sqft · RM 499.00 PSF
Apr 2024
RM 530,000
1,001 sqft · RM 529.00 PSF
Mar 2024
2,850 sqft
1 units Shop/Retail Lot
RM 880,000
2,874 sqft · RM 306.00 PSF
Mar 2024