E-RESIDENCE

E-RESIDENCE in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 73K and a median price per square foot (PSF) of RM 98.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 98, with most transactions between RM 98 and RM 98. The usual range is RM 12.88 to RM 183.13, showing that most units are priced quite close to each other. With an IQR of RM 170.25 and MAD of RM 0, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.