Penang
Timur Laut
13
TAMAN LAU GEOK SWEE

TAMAN LAU GEOK SWEE

Area Intelligence

2024

Median Price

RM 900,000

PSF: RM 643

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Residential PSF Trends

Median Price

RM 900,000

PSF: RM 643

TAMAN LAU GEOK SWEE in Timur Laut, Penang recorded 3 subsale transactions in 2024, with a median price of RM 900K and a median price per square foot (PSF) of RM 643.

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 900K, with most transactions falling within a stable range of RM 885K to RM 919K, and a typical market range of RM 885K to RM 917K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM 643, with most transactions between RM 629 and RM 657. The usual range is RM 571.50 to RM 714.50, showing that most units are priced quite close to each other. With an IQR of RM 143.00 and MAD of RM 14, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN LAU GEOK SWEE, Timur Laut, Penang

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