Vertiq

East, Lebuh Tunku Kudin 3, Metro Avenue, 11700 Jelutong, Pulau Pinang, Malaysia

Property Transactions

7 subsales grouped by size

Median
RM845,000
PSF
RM690
Price Size
Period
transactions middle 50% (P25–P75)
1,050 sqft
Condo
RM745,000
Level 23
1,044 sqft · RM714 PSF
RM845,000
Level 33
1,044 sqft · RM809 PSF
1,100 sqft
Condo
RM793,000
Level 34
1,087 sqft · RM729 PSF
RM750,000
Level 15
1,087 sqft · RM690 PSF
1,650 sqft
Condo
RM1,100,000
Level 35
1,647 sqft · RM668 PSF
2,050 sqft
Condo
RM1,350,000
Level 23
2,056 sqft · RM657 PSF
RM1,345,000
Level 14
2,056 sqft · RM654 PSF
Legend Recent Highest Price Highest PSF

Selling in Vertiq? Homes here sold for a median of RM845,000.

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Market Snapshot

Residential

RM845,000

RM690 psf

Median transaction price

Low

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Vertiq
© OpenStreetMap · CARTO

East, Lebuh Tunku Kudin 3, Metro Avenue, 11700 Jelutong, Pulau Pinang, Malaysia

Maps

Vertiq in Timur Laut, Penang recorded 7 subsale transactions in 2022, with a median price of RM845K and a median price per square foot (PSF) of RM690.

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 RM845K, with most transactions falling within a stable range of RM745K to RM1.10 million, and a typical market range of RM745K to RM1.00 million.

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

For price per square foot, the median is RM690, with most transactions between RM639 and RM741. The usual range is RM657.51 to RM722.26, showing that most units are priced quite close to each other. With an IQR of RM64.75 and MAD of RM51, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.