PEARL REGENCY

PEARL REGENCY in Timur Laut, Penang recorded 2 subsale transactions in 2024, with a median price of RM 815K and a median price per square foot (PSF) of RM 486.

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 815K, with most transactions falling within a stable range of RM 630K to RM 1.00 million, and a typical market range of RM 748K to RM 883K.

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

For price per square foot, the median is RM 486, with most transactions between RM 479 and RM 492. The usual range is RM 451.50 to RM 519.50, showing that most units are priced quite close to each other. With an IQR of RM 68.00 and MAD of RM 7, 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.