Penang
Timur Laut
13
STARHILL BUKIT GAMBIR

STARHILL BUKIT GAMBIR

Area Intelligence

2023

Median Price

RM 769,000

PSF: RM 521

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Residential PSF Trends

Median Price

RM 769,000

PSF: RM 521

STARHILL BUKIT GAMBIR in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM 769K and a median price per square foot (PSF) of RM 521.

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 769K, with most transactions falling within a stable range of RM 738K to RM 800K, and a typical market range of RM 738K to RM 800K.

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

The median PSF stands at RM 521, with core pricing between RM 466 and RM 575. Market pricing typically extends from RM 458.50 to RM 582.50, reflecting moderate variation in unit pricing. With an IQR of RM 124.00 and MAD of RM 55, 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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