U-GARDEN

U-GARDEN in Timur Laut, Penang recorded 14 subsale transactions in 2023, with a median price of RM 343K and a median price per square foot (PSF) of RM 483.

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 343K, with most transactions falling within a stable range of RM 273K to RM 413K, and a typical market range of RM 275K to RM 410K.

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

The median PSF stands at RM 483, with core pricing between RM 429 and RM 537. Market pricing typically extends from RM 426.50 to RM 538.50, reflecting moderate variation in unit pricing. With an IQR of RM 112.00 and MAD of RM 54, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.