SPRINGTIDE RESIDENCES

SPRINGTIDE RESIDENCES in Timur Laut, Penang recorded 2 Detached properties subsale transactions between 2021 and 2025 for detached properties, with a median price of RM 6.38 million and a median price per square foot (PSF) of RM 1,056.

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 6.38 million, with most transactions falling within a stable range of RM 5.65 million to RM 7.10 million, and a typical market range of RM 5.65 million to RM 7.10 million.

Within the Detached category, condominium/apartment dominated the market, though some variety exists in the market.

The median PSF stands at RM 1,056, with core pricing between RM 936 and RM 1,176. Market pricing typically extends from RM 949.25 to RM 1,162.75, reflecting moderate variation in unit pricing. With an IQR of RM 213.50 and MAD of RM 120, the PSF demonstrates reasonable consistency across the market.

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. Limited transaction history suggests carefully evaluating comparable sales data.