Area Intelligence

SKYVIEW RESIDENCE

26 properties
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Median Price
RM 755,000
PSF: RM 604

Residential Market

Median Price

RM 755,000

IQR: RM 40
MAD: RM 20
RM 604 PSF 2.3%

PSF Trends (2021-2025)

SKYVIEW RESIDENCE in Timur Laut, Penang recorded 26 subsale transactions between 2021 and 2025, with a median price of RM 755K and a median price per square foot (PSF) of RM 604.

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 755K, with most transactions falling within a stable range of RM 700K to RM 828K, and a typical market range of RM 718K to RM 793K.

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

For price per square foot, the median is RM 604, with most transactions between RM 545 and RM 663. The usual range is RM 584.00 to RM 624.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 40.00 and an average deviation (MAD) of RM 59 indicate a highly stable PSF trend across properties.

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. Moderate transaction volume may require patience when buying or selling.

Area Location

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SKYVIEW RESIDENCE, Timur Laut, Penang

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Transactions

26 properties grouped by size

1,250 sqft
26 units (showing 6) Condo/Apartment
RM 700,000
1,238 sqft · RM 565.00 PSF
Mar 2025
RM 700,000
1,238 sqft · RM 565.00 PSF
Jul 2024
RM 748,000
1,249 sqft · RM 599.00 PSF
Jul 2024
RM 785,000
1,249 sqft · RM 629.00 PSF
May 2024
RM 765,000
1,249 sqft · RM 613.00 PSF
Mar 2024
RM 800,000
1,249 sqft · RM 641.00 PSF
Mar 2024