Penang
Timur Laut
13
TAMAN GAMBIER

TAMAN GAMBIER

Area Intelligence

2023

Median Price

RM 450,000

PSF: RM 370

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Commercial PSF Trends

Median Price

RM 450,000

RM 370 PSF

TAMAN GAMBIER in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 370.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

For price per square foot, the median is RM 370, with most transactions between RM 370 and RM 370. The usual range is RM 354.75 to RM 385.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 30.50 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN GAMBIER, Timur Laut, Penang

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