Residential Market
Median Price
RM 225,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
10 properties
Median Price
RM 689,000
+2.2% CAGR
Median PSF
RM 195.00
-5.4% CAGR
Flat
6 properties
Median Price
RM 146,500
+48.7% CAGR
Median PSF
RM 195.00
+48.7% CAGR
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Double Storey Terraced | 10 |
RM 689,000
±11K MAD
|
+2.22% |
RM 195.00
±1 MAD
|
-5.38% | |
| Flat | 6 |
RM 146,500
±74K MAD
|
+48.69% |
RM 195.00
±98 MAD
|
+48.71% |
E-RESIDENCE in Timur Laut, Penang recorded 0 subsale transactions between 2021 and 2025, with a median price of RM 225K and a median price per square foot (PSF) of RM 301.
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 225K, with most transactions falling within a stable range of RM 210K to RM 240K, and a typical market range of RM 161K to RM 289K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM 301, with most transactions between RM 281 and RM 321. The usual range is RM 215.88 to RM 386.13, showing that most units are priced quite close to each other. With an IQR of RM 170.25 and MAD of RM 20, 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.