BandingHouse

Jiran Residensi

Seberang Perai Utara, Penang · High-rise (condo, apartment, flat) · Leasehold

Homes in Jiran Residensi have sold for a median of

RM250,000

RM259 psf on the recorded floor area

RM220,000median RM250,000RM275,000

Half of the 71 recorded sales fell between RM220,000 and RM275,000. One in ten went under RM200,000, one in ten over RM275,000. Sales run from 28 October 2021 to 10 February 2026.

Up 0% from a RM250,000 median in 2022 to RM250,000 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
2021RM210,000RM210 psf2
2022RM250,000RM259 psf28
2023RM244,500RM267 psf22
2024RM250,000RM275 psf17
2025RM200,000RM286 psf1
2026RM280,000RM280 psf1

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 Seberang Perai Utara with enough recorded sales, cheapest first. By median sold price, Jiran Residensi sits 15 of 29 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. Jiran Residensi’s own median is RM250,000 — lower than that state median. Full Penang table.

Cash and monthly on the RM250,000 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%): RM25,000
  • Transfer duty (MOT): RM4,000
  • Loan duty (0.5%): RM1,125
  • Total cash: RM30,125
  • Qualifying first home: RM25,000 (duties exempt)

Monthly carry

  • Instalment (35y @ 4.00%): RM996
  • Total monthly: RM996

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

Adjust these numbers

Questions this record answers

What have homes in Jiran Residensi sold for?
A median of RM250,000 (RM259 psf), from 71 land-office transactions between 28 October 2021 and 10 February 2026.
What is a typical band here?
Half of recorded sales fell between RM220,000 and RM275,000. One in ten went under RM200,000; one in ten over RM275,000.
Has the median moved?
From RM250,000 in 2022 to RM250,000 in 2024 (+0%), 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.