THE RISE COLLECTION III

THE RISE COLLECTION III in Timur Laut, Penang recorded 3 subsale transactions in 2021, with a median price of RM 470K and a median price per square foot (PSF) of RM 470.

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 470K, with most transactions falling within a stable range of RM 464K to RM 475K, and a typical market range of RM 460K to RM 475K.

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

For price per square foot, the median is RM 470, with most transactions between RM 464 and RM 476. The usual range is RM 450.50 to RM 489.50, 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 6 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. Limited transaction history suggests carefully evaluating comparable sales data.