Area Intelligence

FETTES PARK

5 properties
2024
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Median Price
RM 640,000
PSF: RM 514

Residential Market

Median Price

RM 640,000

IQR: RM 97
MAD: RM 55
RM 514 PSF 11.7%

PSF Trends (2021-2025)

FETTES PARK in Timur Laut, Penang recorded 5 subsale transactions in 2024, with a median price of RM 640K and a median price per square foot (PSF) of RM 514.

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 640K, with most transactions falling within a stable range of RM 626K to RM 1.05 million, and a typical market range of RM 626K to RM 1.07 million.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 514, with core pricing between RM 424 and RM 604. Market pricing typically extends from RM 461.50 to RM 566.50, reflecting moderate variation in unit pricing. The spread of RM 105.00 (IQR) and deviation of RM 90 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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FETTES PARK, Timur Laut, Penang

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Transactions

5 properties found

Single Storey Terraced LEBUHRAYA FETTES 2
RM 626,000
1,178 sqft Jul 2024
RM 531.00 PSF
Single Storey Terraced LORONG GAJAH
RM 640,000
1,355 sqft Jun 2024
RM 472.00 PSF
Single Storey Semi-D JALAN BULAN
RM 1,550,000
3,608 sqft Apr 2024
RM 430.00 PSF
Single Storey Terraced JALAN BUNGA TELANG
RM 640,000
1,244 sqft Feb 2024
RM 514.00 PSF
Double Storey Terraced FETTES ROAD
RM 1,375,000
1,978 sqft Jan 2024
RM 695.00 PSF