GARDENS VILLE

Area Intelligence
2022
Median Price
RM 595,000
PSF: RM 607

Residential PSF Trends

Median Price

RM 595,000

PSF: RM 607

GARDENS VILLE in Barat Daya, Penang recorded 5 subsale transactions in 2022, with a median price of RM 595K and a median price per square foot (PSF) of RM 607.

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 595K, with most transactions falling within a stable range of RM 558K to RM 632K, and a typical market range of RM 560K to RM 630K.

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

For price per square foot, the median is RM 607, with most transactions between RM 571 and RM 643. The usual range is RM 575.50 to RM 638.50, 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.

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GARDENS VILLE, Barat Daya, Penang

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