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ECO TERRACES Transaction Price & PSF

ECO TERRACES · Condominium/Apartment · Timur Laut · Pulau Pinang · Data through February 2026

Median price
RM1,058,000
Median Parcel PSF
RM762.99 psf60.5% usable coverage
Transactions
114
Data period
February 2026From January 2021

These are transaction-based market benchmarks for the selected scope. They are not a valuation of an individual unit.

This market article examines the residential segment for ECO TERRACES in Pulau Pinang, focusing on Condominium/Apartment properties within the ECO TERRACES scheme. The aim is to explain how to interpret the transaction data and the relevant benchmarks, without implying guarantees about price direction or investment outcomes.

Market overview

Within the Timur Laut district, the ECO TERRACES scheme represents the central focus for this market. The residential segment shows activity anchored in this scheme and property type, with variations across submarkets being normal. The dataset spans multiple years and is best interpreted as showing patterns rather than precise forecasts. Readers should consider that prices and activity can differ from one submarket to another and from year to year.

Property transaction benchmark

Median Parcel PSF is shown only where sufficient usable parcel area coverage supports the calculation.

Condominium/Apartment

Transactions
114
Median price
RM1,058,000
Median parcel area
1,367 sqft
Median Parcel PSF
RM762.99 psf
PSF coverage
60.5%

Condominium/Apartment properties within ECO TERRACES form the core of the residential segment for this market. The data indicates this scheme and property type account for the bulk of recorded activity, providing a reference point for comparing within the residential segment. When evaluating options, ensure comparisons are made between like categories to avoid mixing different property types.

How to interpret this market

Readers can use transaction benchmarks as a contextual reference to gauge where a given property sits within the wider market. However, individual properties may differ in features, location within the scheme, or condition, so benchmarks should guide rather than dictate expectations.

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Frequently asked questions

What does ECO TERRACES transaction data cover?

The data focuses on residential Condominium/Apartment transactions within ECO TERRACES in Timur Laut, Pulau Pinang, during the documented period.

How should I use the transaction benchmarks?

Treat benchmarks as a directional reference to the market context and avoid treating them as a guarantee. Real properties may differ in form and condition.

Why compare property types separately?

Different property categories have distinct market dynamics; comparing within the same category supports a fairer assessment.

Summary

Use the benchmarks as a guide while comparing property types separately. Interpret the data within its scheme and district context, and avoid assuming outcomes for individual properties beyond what the data shows.

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Methodology

Median transaction price for the selected market scope.

Parcel PSF is the median of valid transaction-level parcel PSF values, not median price divided by median area.

Unavailable measurements are not estimated or inferred.

Parcel PSF is displayed when there are at least 10 valid PSF observations and coverage is at least 25%.

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