Springtide Residences in Timur Laut, Penang recorded 3 subsale transactions in 2023, with a median price of RM3.50 million and a median price per square foot (PSF) of RM670.

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 RM3.50 million, with most transactions falling within a stable range of RM3.50 million to RM3.84 million, and a typical market range of RM3.50 million to RM4.22 million.

Most transactions involved condominium/apartment, though some variety exists in the market.

For price per square foot, the median is RM670, with most transactions between RM605 and RM735. The usual range is RM588.18 to RM752.68, showing that most units are priced quite close to each other. With an IQR of RM164.50 and MAD of RM65, 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.