Penang
Timur Laut
13
STARHILL BUKIT GAMBIR

STARHILL BUKIT GAMBIR

Area Intelligence

2021

Median Price

RM 610,000

PSF: RM 475

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Residential PSF Trends

Median Price

RM 610,000

PSF: RM 475

STARHILL BUKIT GAMBIR in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 610K and a median price per square foot (PSF) of RM 475.

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 610K, with most transactions falling within a stable range of RM 400K to RM 820K, and a typical market range of RM 465K to RM 755K.

Most transactions involved condominium/apartment, though some variety exists in the market.

For price per square foot, the median is RM 475, with most transactions between RM 471 and RM 478. The usual range is RM 412.50 to RM 536.50, showing that most units are priced quite close to each other. With an IQR of RM 124.00 and MAD of RM 4, 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.

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STARHILL BUKIT GAMBIR, Timur Laut, Penang

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