E-RESIDENCE

E-RESIDENCE in Timur Laut, Penang recorded 6 Flat properties subsale transactions between 2021 and 2025 for flat properties, 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 150K to RM 240K, and a typical market range of RM 161K to RM 240K.

Within the Flat category, flats dominated the market, with minimal variety in property types.

Price per square foot shows a median of RM 301, though individual units vary from RM 200 to RM 402 in the core range. The broader market spans RM 215.88 to RM 386.13, indicating diverse property characteristics. A wider spread (IQR: RM 170.25) and deviation (MAD: RM 101) indicate significant PSF variations, likely due to diverse property types or conditions.

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.