U-GARDEN

U-GARDEN in Timur Laut, Penang recorded 12 subsale transactions in 2022, with a median price of RM 300K and a median price per square foot (PSF) of RM 447.

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 300K, with most transactions falling within a stable range of RM 236K to RM 364K, and a typical market range of RM 227K to RM 373K.

Most transactions involved flats, though some variety exists in the market.

The median PSF stands at RM 447, with core pricing between RM 384 and RM 509. Market pricing typically extends from RM 380.75 to RM 512.25, reflecting moderate variation in unit pricing. With an IQR of RM 131.50 and MAD of RM 62, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.