AVENUE GARDEN

Area Intelligence

2023

Median Price

RM 340,000

PSF: RM 394

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Residential PSF Trends

Median Price

RM 340,000

PSF: RM 394

AVENUE GARDEN in Seberang Perai Selatan, Penang recorded 5 subsale transactions in 2023, with a median price of RM 340K and a median price per square foot (PSF) of RM 394.

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 340K, with most transactions falling within a stable range of RM 313K to RM 367K, and a typical market range of RM 318K to RM 363K.

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

For price per square foot, the median is RM 394, with most transactions between RM 364 and RM 424. The usual range is RM 372.38 to RM 415.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 43.25 and an average deviation (MAD) of RM 30 indicate a highly stable PSF trend across properties.

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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AVENUE GARDEN, Seberang Perai Selatan, Penang

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Transactions

5 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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RM 330,000

Level 10

775 sqft • RM 426.00 PSF

Dec 2023

RM 390,000

Level 6

990 sqft • RM 394.00 PSF

Dec 2023

RM 310,000

Level 15

775 sqft • RM 400.00 PSF

Jun 2023

RM 355,000

Level 15

990 sqft • RM 358.00 PSF

May 2023

RM 340,000

Level 10

990 sqft • RM 343.00 PSF

Mar 2023

Road	Price	Land PSF	Land	Date	Type
Level 10	RM 330,000	RM 426.00	775 sqft	Dec 2023	Service Apartment
Level 6	RM 390,000	RM 394.00	990 sqft	Dec 2023	Service Apartment
Level 15	RM 310,000	RM 400.00	775 sqft	Jun 2023	Service Apartment
Level 15	RM 355,000	RM 358.00	990 sqft	May 2023	Service Apartment
Level 10	RM 340,000	RM 343.00	990 sqft	Mar 2023	Service Apartment