AMBAY GARDEN

Area Intelligence

2021

Median Price

RM 568,000

PSF: RM 312

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Residential PSF Trends

Median Price

RM 568,000

PSF: RM 312

AMBAY GARDEN in Seberang Perai Selatan, Penang recorded 41 subsale transactions in 2021, with a median price of RM 568K and a median price per square foot (PSF) of RM 312.

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 568K, with most transactions falling within a stable range of RM 770K to RM 576K, and a typical market range of RM 770K to RM 645K.

Most transactions involved 2 - 2 1/2 storey semi-detached, though some variety exists in the market.

For price per square foot, the median is RM 312, with most transactions between RM 304 and RM 320. The usual range is RM 250.25 to RM 373.75, showing that most units are priced quite close to each other. With an IQR of RM 123.50 and MAD of RM 8, 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. Moderate transaction volume may require patience when buying or selling.

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AMBAY GARDEN, Seberang Perai Selatan, Penang

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