Area Intelligence

ASPEN RESIDENCE

6 properties
2022
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Median Price
RM 672,500
PSF: RM 592

Residential Market

Median Price

RM 695,000

IQR: RM 64
MAD: RM 39
RM 619 PSF 4.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 648,000

RM 563 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

ASPEN RESIDENCE in Timur Laut, Penang recorded 6 subsale transactions in 2022, with a median price of RM 673K and a median price per square foot (PSF) of RM 592.

This area contains both residential and commercial properties. View 10 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 673K, with most transactions falling within a stable range of RM 640K to RM 728K, and a typical market range of RM 640K to RM 707K.

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

For price per square foot, the median is RM 592, with most transactions between RM 553 and RM 630. The usual range is RM 559.00 to RM 624.00, showing that most units are priced quite close to each other. With an IQR of RM 65.00 and MAD of RM 39, 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. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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ASPEN RESIDENCE, Timur Laut, Penang

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Transactions

6 properties grouped by size

1,100 sqft
2 units Condo/Apartment
RM 695,000
1,098 sqft · RM 633.00 PSF
Apr 2022
RM 718,000
1,098 sqft · RM 654.00 PSF
Feb 2022
1,150 sqft
3 units
RM 648,000
SOHO/SOFO/SOVO
1,152 sqft · RM 563.00 PSF
Sep 2022
RM 650,000
Condo/Apartment
1,152 sqft · RM 564.00 PSF
Aug 2022
RM 640,000
Condo/Apartment
1,152 sqft · RM 556.00 PSF
Jan 2022
1,300 sqft
1 units Condo/Apartment
RM 800,000
1,292 sqft · RM 619.00 PSF
Dec 2022