THE PENTHOUSE

THE PENTHOUSE in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 7.70 million and a median price per square foot (PSF) of RM 881.

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 condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 881, with most transactions between RM 881 and RM 881. The usual range is RM 836.25 to RM 925.75, showing that most units are priced quite close to each other. With an IQR of RM 89.50 and MAD of RM 0, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.