Area Intelligence

FETTES AVENUE 2

1 properties
2023
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Median Price
RM 625,000
PSF: RM 531

Residential Market

Median Price

RM 625,000

IQR: RM 33
MAD: RM 2
RM 531 PSF 0.2%

PSF Trends (2021-2025)

FETTES AVENUE 2 in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 625K and a median price per square foot (PSF) of RM 531.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 531, with most transactions between RM 531 and RM 531. The usual range is RM 514.75 to RM 547.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 32.50 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

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.

Area Location

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FETTES AVENUE 2, Timur Laut, Penang

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Transactions

1 properties grouped by size

1,200 sqft
1 units Single Storey Terraced
RM 625,000
FETTES SECOND AVENUE
1,178 sqft · RM 531.00 PSF
Jul 2023