Area Intelligence

AZURIA CONDO

9 properties
2023
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Median Price
RM 310,000
PSF: RM 450

Residential Market

Median Price

RM 310,000

IQR: RM 100
MAD: RM 56
RM 450 PSF 5.9%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,900,000

RM 1,496 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

AZURIA CONDO in Timur Laut, Penang recorded 9 subsale transactions in 2023, with a median price of RM 310K and a median price per square foot (PSF) of RM 450.

This area contains both residential and commercial properties. View 31 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 310K, with most transactions falling within a stable range of RM 262K to RM 358K, and a typical market range of RM 274K to RM 346K.

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

The median PSF stands at RM 450, with core pricing between RM 379 and RM 521. Market pricing typically extends from RM 400.50 to RM 499.50, reflecting moderate variation in unit pricing. The spread of RM 99.00 (IQR) and deviation of RM 71 (MAD) suggest moderate price variations reflecting different property features.

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.

Area Location

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AZURIA CONDO, Timur Laut, Penang

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Transactions

9 properties found

Flat
RM 370,000
689 sqft Nov 2023
RM 537.00 PSF
Flat
RM 275,000
689 sqft Sep 2023
RM 399.00 PSF
Flat
RM 370,000
689 sqft Sep 2023
RM 537.00 PSF
Flat
RM 310,000
689 sqft Aug 2023
RM 450.00 PSF
Flat
RM 380,000
689 sqft Jun 2023
RM 552.00 PSF
Flat
RM 255,000
700 sqft Apr 2023
RM 364.00 PSF
Flat
RM 265,000
700 sqft Apr 2023
RM 379.00 PSF
Flat
RM 265,000
700 sqft Feb 2023
RM 379.00 PSF
Flat
RM 310,000
689 sqft Jan 2023
RM 450.00 PSF