Area Intelligence

AZURIA CONDO

3 properties
2022
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Median Price
RM 330,000
PSF: RM 479

Residential Market

Median Price

RM 330,000

IQR: RM 100
MAD: RM 56
RM 479 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 3 subsale transactions in 2022, with a median price of RM 330K and a median price per square foot (PSF) of RM 479.

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 330K, with most transactions falling within a stable range of RM 310K to RM 340K, and a typical market range of RM 294K to RM 340K.

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

For price per square foot, the median is RM 479, with most transactions between RM 449 and RM 509. The usual range is RM 429.50 to RM 528.50, showing that most units are priced quite close to each other. With an IQR of RM 99.00 and MAD of RM 30, 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.

Area Location

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AZURIA CONDO, Timur Laut, Penang

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Transactions

3 properties grouped by size

700 sqft
3 units Flat
RM 340,000
689 sqft · RM 494.00 PSF
Jun 2022
RM 293,000
689 sqft · RM 425.00 PSF
May 2022
RM 330,000
689 sqft · RM 479.00 PSF
Feb 2022