GARDENS VILLE

Area Intelligence
2023
Median Price
RM 560,000
PSF: RM 505

Residential PSF Trends

Median Price

RM 560,000

PSF: RM 505

GARDENS VILLE in Barat Daya, Penang recorded 7 subsale transactions in 2023, with a median price of RM 560K and a median price per square foot (PSF) of RM 505.

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 525K to RM 595K, 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 505, with most transactions between RM 475 and RM 535. The usual range is RM 473.50 to RM 536.50, showing that most units are priced quite close to each other. With an IQR of RM 63.00 and MAD of RM 30, 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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Transactions

7 transactions grouped by size

1,100 sqft
Condo/Apartment
RM 560,000
Level 23
1,109 sqft · RM 505 PSF
RM 480,000
Level 16
1,087 sqft · RM 442 PSF
RM 598,000
Level 8
1,109 sqft · RM 539 PSF
RM 540,000
Level 25
1,087 sqft · RM 497 PSF
RM 570,000
Level 12
1,109 sqft · RM 514 PSF
RM 580,000
Level 24
1,087 sqft · RM 534 PSF
RM 560,000
Level 18
1,109 sqft · RM 505 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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