Shorefront Residences in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM1.94 million and a median price per square foot (PSF) of RM1,233.

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 RM1.94 million, with most transactions falling within a stable range of RM1.75 million to RM2.14 million, and a typical market range of RM1.75 million to RM2.14 million.

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

For price per square foot, the median is RM1,233, with most transactions between RM1,215 and RM1,251. The usual range is RM1,181.28 to RM1,285.28, showing that most units are priced quite close to each other. With an IQR of RM104.00 and MAD of RM18, 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.