1 SANTORINI

1 SANTORINI in Timur Laut, Penang recorded 28 subsale transactions in 2024, with a median price of RM 475K and a median price per square foot (PSF) of RM 532.

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 475K, with most transactions falling within a stable range of RM 440K to RM 510K, and a typical market range of RM 456K to RM 494K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 532, with most transactions between RM 493 and RM 571. The usual range is RM 505.38 to RM 558.63, showing that most units are priced quite close to each other. With an IQR of RM 53.25 and MAD of RM 39, 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. Moderate transaction volume may require patience when buying or selling.