ARTIS 3

ARTIS 3 in Timur Laut, Penang recorded 6 subsale transactions in 2024, with a median price of RM 558K and a median price per square foot (PSF) of RM 691.

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 558K, with most transactions falling within a stable range of RM 434K to RM 681K, and a typical market range of RM 432K to RM 683K.

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

The median PSF stands at RM 691, with core pricing between RM 612 and RM 770. Market pricing typically extends from RM 648.00 to RM 734.00, reflecting moderate variation in unit pricing. With an IQR of RM 86.00 and MAD of RM 79, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.