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1 SANTORINI Transaction Price & PSF

1 SANTORINI · Condominium/Apartment · Timur Laut · Pulau Pinang · Data through April 2025

Median price
RM480,000
Median Parcel PSF
RM544.55 psf46.5% usable coverage
Transactions
116
Data period
April 2025From April 2021

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

This article analyzes the residential Condominium/Apartment segment in Pulau Pinang, with a focus on the Timur Laut district and the Tanjung Tokong mukim. It explains how to read the available transaction data and how buyers can use the benchmarks without implying guaranteed outcomes.

Market overview

The processed market profile indicates that activity within this submarket concentrates in the condominium/apartment category in a local project area, reflecting a distinctive market rhythm. The data suggests that transactions cluster in a specific submarket, with activity occurring across multiple periods but often showing stronger engagement in certain phases. This pattern supports cautious interpretation that blends scheme focus with the broader residential context.

Property transaction benchmark

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

Condominium/Apartment

Transactions
116
Median price
RM480,000
Median parcel area
893 sqft
Median Parcel PSF
RM544.55 psf
PSF coverage
46.5%

Within the residential segment, condominiums or apartments are a key category. The available data show activity and pricing concentration in this category relative to other residential types, reflecting common patterns of demand in this submarket.

How to interpret this market

Readers can use transaction benchmarks as a directional guide to typical levels for this property type in this market. When evaluating a specific property, compare its location within Timur Laut and Tanjung Tokong, consider scheme characteristics, and assess size and condition against the benchmark context, while recognizing that individual properties may differ from reported trends.

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 is the scope of this article?

This article focuses on residential Condominium/Apartment activity in Pulau Pinang within the Timur Laut district and Tanjung Tokong mukim, based on the data provided in the trusted source.

How should I use the benchmarks?

Use the benchmarks as a directional guide to typical levels for this property type in this market, while understanding that a given property may differ in size, condition and other attributes from the reported data points.

What does recent activity indicate about market rhythm?

Recent activity shows variation across periods, with some phases showing higher engagement and others showing slower activity. This aligns with normal market dynamics and should be interpreted with consideration of property specifics.

Summary

Readers are advised to compare property types and use transaction benchmarks as contextual guidance. When interpreting data, weigh scheme characteristics and property specifics alongside market patterns to form a cautious, informed view.

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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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