E-RESIDENCE

E-RESIDENCE in Timur Laut, Penang recorded 3 subsale transactions in 2024, with a median price of RM 240K and a median price per square foot (PSF) of RM 319.

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 240K, with most transactions falling within a stable range of RM 235K to RM 240K, and a typical market range of RM 230K to RM 240K.

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

For price per square foot, the median is RM 319, with most transactions between RM 314 and RM 324. The usual range is RM 233.88 to RM 404.13, showing that most units are priced quite close to each other. With an IQR of RM 170.25 and MAD of RM 5, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.