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CITY OF DREAMS Transaction Price & PSF

CITY OF DREAMS · Serviced Apartment · Timur Laut · Pulau Pinang · Data through October 2025

Median price
RM1,420,000
Median Parcel PSF
RM1,215.55 psf85.5% usable coverage
Transactions
55
Data period
October 2025From January 2021

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

This targeted residential snapshot examines the Serviced Apartment market within CITY OF DREAMS in Pulau Pinang, with the aim of clarifying how to read the transaction data and the meaning of the benchmark for buyers and readers.

Market overview

The residential market within CITY OF DREAMS shows activity concentrated in the scheme and district contexts captured in the data. The Serviced Apartment category emerges as the leading property type in this market slice, and the scheme context helps identify where the activity is most relevant. Readers should interpret these patterns as directional rather than precise forecasts, and recognise that the market is shaped by the interplay of scheme, district and mukim.

Property transaction benchmark

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

Serviced Apartment

Transactions
55
Median price
RM1,420,000
Median parcel area
1,184 sqft
Median Parcel PSF
RM1,215.55 psf
PSF coverage
85.5%

In the residential segment, the Serviced Apartment category stands as the central focus within CITY OF DREAMS. The market profile aligns this type with the scheme, district and mukim contexts, reinforcing its prominent position in this market view. Interpretations should consider that this category drives activity within the CITY OF DREAMS scheme.

How to interpret this market

Readers can use transaction benchmarks as a reference point to gauge how a given listing or property compares within the same market slice, while acknowledging that individual properties may differ in location, condition and scheme specific factors. The guidance also notes that different property categories should be compared separately to avoid cross category conclusions.

Explore the wider market

Compare this scheme with the relevant district and property-type market.

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Browse current listings

Compare asking prices with the transaction benchmark.

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Frequently asked questions

What does the CITY OF DREAMS transaction price PSF benchmark represent?

The benchmark provides a reference level used in this dataset to help readers understand price positioning within CITY OF DREAMS for residential Serviced Apartment, not a guarantee of future outcomes.

Should I compare Serviced Apartment with other property types?

No. The data indicates that different property categories should be compared separately.

Can I rely on the benchmark to predict future price movements?

The data is not a forecast and should not be used to claim future appreciation or investment results.

Summary

In summary, use benchmarks as a reference for comparing within the same property category and scheme, and avoid treating the data as a valuation or a guarantee. Readers should compare property types separately to form a cautious view of the market.

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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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