Area Intelligence

AZURIA CONDO

4 properties
2021
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Median Price
RM 345,000
PSF: RM 501

Residential Market

Median Price

RM 345,000

IQR: RM 100
MAD: RM 56
RM 501 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 4 subsale transactions in 2021, with a median price of RM 345K and a median price per square foot (PSF) of RM 501.

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 345K, with most transactions falling within a stable range of RM 293K to RM 397K, and a typical market range of RM 309K to RM 381K.

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

The median PSF stands at RM 501, with core pricing between RM 425 and RM 577. Market pricing typically extends from RM 451.50 to RM 550.50, reflecting moderate variation in unit pricing. The spread of RM 99.00 (IQR) and deviation of RM 76 (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

OSM

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Transactions

4 properties grouped by size

700 sqft
4 units Flat
RM 255,000
689 sqft · RM 370.00 PSF
Dec 2021
RM 340,000
689 sqft · RM 494.00 PSF
Dec 2021
RM 400,000
689 sqft · RM 581.00 PSF
Nov 2021
RM 350,000
689 sqft · RM 508.00 PSF
Sep 2021