THE RISE COLLECTION III

THE RISE COLLECTION III in Timur Laut, Penang recorded 7 subsale transactions in 2023, 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 434K to RM 486K, 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 434 and RM 486. 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 26 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.