Area Intelligence

ARDMORE RESIDENCE

5 properties
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Median Price
RM 1,800,000
PSF: RM 826

Residential Market

Median Price

RM 1,800,000

IQR: RM 407
MAD: RM 126
RM 826 PSF 29.4%

PSF Trends (2021-2025)

ARDMORE RESIDENCE in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 1.80 million and a median price per square foot (PSF) of RM 826.

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 1.80 million, with most transactions falling within a stable range of RM 1.63 million to RM 1.97 million, and a typical market range of RM 1.72 million to RM 1.89 million.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 826, with core pricing between RM 700 and RM 952. Market pricing typically extends from RM 622.50 to RM 1,029.50, reflecting moderate variation in unit pricing. The spread of RM 407.00 (IQR) and deviation of RM 126 (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.

Area Location

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ARDMORE RESIDENCE, Timur Laut, Penang

OSM

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Transactions

5 properties grouped by size

1,450 sqft
2 units Double Storey Terraced
RM 1,800,000
MEDAN PENAWAR
1,464 sqft · RM 1,230.00 PSF
Aug 2024
RM 1,630,000
MEDAN PENAWAR
1,464 sqft · RM 1,113.00 PSF
Mar 2024
2,150 sqft
1 units Double Storey Terraced
RM 1,500,000
MEDAN PENAWAR
2,142 sqft · RM 700.00 PSF
Dec 2022
2,400 sqft
1 units Double Storey Terraced
RM 2,000,000
MEDAN PENAWAR
2,422 sqft · RM 826.00 PSF
Sep 2023
2,550 sqft
1 units Double Storey Terraced
RM 1,800,000
MEDAN PENAWAR
2,551 sqft · RM 706.00 PSF
May 2023