ARTIS 3 Transaction Price & PSF
ARTIS 3 Condominium/Apartment Residential Property Market | residential | Data through August 2025
This targeted market snapshot examines the residential segment for Condominium/Apartment within Pulau Pinang, focusing on how readers can interpret the transaction benchmark data without assuming future price movements or investment outcomes.
Market overview
The market mix centers on the Condominium/Apartment category, with the ARTIS scheme acting as the common reference point in the dataset. The dominant submarket lies in the Timur Laut district and Jelutong mukim, indicating where most activity has occurred. The observed price dispersion hints at variation across units, reflecting differences in size, layout, or condition rather than a single uniform price. The available data covers multiple years, showing shifts in activity over time without implying a forecast.
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 residential segment, the Condominium/Apartment category is the central focus of the ARTIS data. When assessing value, readers should compare like for like within this category and reference the scheme data as a directional guide rather than a promise of outcome.
How to interpret this market
Readers can use transaction benchmarks as a directional guide to evaluate relative value among similar properties while recognizing that individual units differ in attributes such as size, layout, and condition. Benchmarks summarize past activity and do not predict future performance.
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 does the ARTIS scheme refer to in this market snapshot?
The ARTIS scheme is the main reference point in this dataset, indicating where transaction activity concentrates within the Condominium/Apartment segment.
Which submarket is highlighted as most active for this condominium category?
Timur Laut district and Jelutong mukim are identified as the top submarket in the data.
How should I use the transaction benchmark when evaluating a property?
Use the benchmark as a directional tool to compare similar units, while acknowledging that individual attributes may differ and that past activity does not guarantee future outcomes.
Summary
In summary, readers should compare property types separately and use transaction benchmarks to understand relative value across segments, while avoiding claims about future price movements or investment outcomes.
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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%.