Area Intelligence

THE RISE COLLECTION III

28 properties
Condo/Apartment
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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 28 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment properties, 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 405K to RM 515K, and a typical market range of RM 440K to RM 480K.

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

The median PSF stands at RM 460, with core pricing between RM 405 and RM 515. Market pricing typically extends from RM 440.50 to RM 479.50, reflecting moderate variation in unit pricing. With an IQR of RM 39.00 and MAD of RM 55, 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.

Area Location

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THE RISE COLLECTION III, Timur Laut, Penang

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Transactions

28 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