GARDENS VILLE

GARDENS VILLE in Barat Daya, Penang recorded 11 subsale transactions in 2023, with a median price of RM 560K and a median price per square foot (PSF) of RM 524.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 560K, with most transactions falling within a stable range of RM 523K to RM 597K, and a typical market range of RM 525K to RM 595K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 524, with most transactions between RM 488 and RM 560. The usual range is RM 492.50 to RM 555.50, showing that most units are priced quite close to each other. With an IQR of RM 63.00 and MAD of RM 36, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.