BandingHouse

1 Santorini

Timur Laut, Penang · High-rise (condo, apartment, flat) · Leasehold

Homes in 1 Santorini have sold for a median of

RM480,000

RM552 psf on the recorded floor area

RM470,000median RM480,000RM509,000

Half of the 123 recorded sales fell between RM470,000 and RM509,000. One in ten went under RM450,000, one in ten over RM540,000. Sales run from 15 April 2021 to 28 April 2025.

Up 1% from a RM470,000 median in 2021 to RM475,000 in 2024.

These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What high-rise (condo, apartment, flat) sell for across Penang, beside what ads ask.

How to read this page

The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.

What kind of home, and what title

The land office groups these sales as high-rise (condo, apartment, flat) under a Leasehold title. High-rise parcels are usually strata: you own the parcel plus a share of the common parts, and price per square foot is how buyers compare units of different sizes. Monthly charges and the sinking fund sit on top of the purchase price — see maintenance fee and sinking fund.

Year by year

YearMedian soldPer sq ftSales
2021RM470,000RM553 psf11
2022RM477,500RM553 psf38
2023RM490,000RM554 psf43
2024RM475,000RM532 psf28
2025RM515,000RM577 psf3

A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.

Nearby, and where this one sits

Other high-rise (condo, apartment, flat) schemes in Timur Laut with enough recorded sales, cheapest first. By median sold price, 1 Santorini sits 99 of 154 in that set.

Against Penang

Across Penang, the median recorded sale for high-rise (condo, apartment, flat) is RM300,000 (RM391 psf), from 5,184 sales. 1 Santorini’s own median is RM480,000 — higher than that state median. Full Penang table.

Cash and monthly on the RM480,000 median

Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.

Cash at offer

  • Down payment (10%): RM48,000
  • Transfer duty (MOT): RM8,600
  • Loan duty (0.5%): RM2,160
  • Total cash: RM58,760
  • Qualifying first home: RM48,000 (duties exempt)

Monthly carry

  • Instalment (35y @ 4.00%): RM1,913
  • Total monthly: RM1,913

4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote

Adjust these numbers

Questions this record answers

What have homes in 1 Santorini sold for?
A median of RM480,000 (RM552 psf), from 123 land-office transactions between 15 April 2021 and 28 April 2025.
What is a typical band here?
Half of recorded sales fell between RM470,000 and RM509,000. One in ten went under RM450,000; one in ten over RM540,000.
Has the median moved?
From RM470,000 in 2021 to RM475,000 in 2024 (+1%), using only years with five or more sales.

Read next

From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.