THE OASIS Transaction Price & PSF
THE OASIS Condominium/Apartment Residential Property Market | residential | Data through July 2025
This targeted market snapshot examines THE OASIS within Pulau Pinang, focusing on the residential segment and specifically the Condominium/Apartment property type. The objective is to explain how to interpret the transaction benchmarks and scheme data without implying guaranteed outcomes or forecasted appreciation.
Market overview
In this scope, activity within the Timur Laut district and Gelugor mukim is concentrated around the Condominium/Apartment category within THE OASIS. The scheme serves as the principal reference point for context in this submarket, and observed transactions are strongly linked to this combination of district, scheme, and property type. Readers should treat benchmarks as category and scheme specific, and remain aware that individual unit characteristics can produce results that diverge from the benchmark even when the overall pattern appears centered on this submarket.
Property type benchmarks
The figures below are calculated from transaction records in the PropMedian database. Median PSF is shown only where sufficient parcel area data is available.
Condominium/Apartment
Within THE OASIS in Timur Laut and Gelugor, the residential Condominium/Apartment category represents the leading submarket by observed activity. Benchmarks for this category provide a useful reference for comparison within the same scheme, but outcomes for individual units may differ based on features and conditions.
How to interpret this market
Readers should use transaction benchmarks as a contextual tool for comparison, not as a forecast or guaranteed outcome. Because benchmarks are specific to the same property type within the same scheme, comparisons should be made within that category and scheme. Individual properties may vary in attributes such as layout, condition, and viewing exposure, which can influence how closely a property aligns with the benchmark.
Explore the underlying market
View the PropMedian property-data hub for this district to explore available property types and transaction benchmarks.
View Timur Laut property dataFrequently asked questions
What is the purpose of the THE OASIS transaction price PSF benchmark in this article?
The benchmark is presented as a reference for comparing condominium/apartment transactions within THE OASIS. It is not a valuation and does not guarantee future results.
How should I use the data when evaluating a specific unit in THE OASIS?
Use the scheme and property-type benchmarks for context, but remember that individual features such as condition, floor, view and renovation can create differences from the benchmark.
Why does the article emphasize category separation?
Because different property categories have distinct market dynamics, it is important to compare residential condominium/apartment transactions separately from other segments.
Summary
In summary, readers should compare property types separately and use transaction benchmarks within the same scheme and category to form context, while avoiding assumptions about future performance.
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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%.