Penang
Timur Laut
13
TAMAN BUKIT GAMBIER

TAMAN BUKIT GAMBIER

Area Intelligence

2023

Median Price

RM 1,100,000

PSF: RM 845

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Residential PSF Trends

Median Price

RM 1,100,000

PSF: RM 845

TAMAN BUKIT GAMBIER in Timur Laut, Penang recorded 3 subsale transactions in 2023, with a median price of RM 1.10 million and a median price per square foot (PSF) of RM 845.

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 1.10 million, with most transactions falling within a stable range of RM 971K to RM 1.23 million, and a typical market range of RM 950K to RM 1.27 million.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 845, with core pricing between RM 742 and RM 948. Market pricing typically extends from RM 630.75 to RM 1,059.25, reflecting moderate variation in unit pricing. With an IQR of RM 428.50 and MAD of RM 103, 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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TAMAN BUKIT GAMBIER, Timur Laut, Penang

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