STARHILL BUKIT GAMBIR in Timur Laut, Penang recorded 4 subsale transactions in 2022, with a median price of RM 565K and a median price per square foot (PSF) of RM 552.
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 565K, with most transactions falling within a stable range of RM 387K to RM 743K, and a typical market range of RM 420K to RM 710K.
Most transactions involved condominium/apartment, though some variety exists in the market.
The median PSF stands at RM 552, with core pricing between RM 490 and RM 614. Market pricing typically extends from RM 490.00 to RM 614.00, reflecting moderate variation in unit pricing. With an IQR of RM 124.00 and MAD of RM 62, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.