U-GARDEN in Timur Laut, Penang recorded 13 subsale transactions in 2024, with a median price of RM 293K and a median price per square foot (PSF) of RM 457.
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 293K, with most transactions falling within a stable range of RM 320K to RM 325K, and a typical market range of RM 320K to RM 360K.
Most transactions involved flats, though some variety exists in the market.
For price per square foot, the median is RM 457, with most transactions between RM 413 and RM 501. The usual range is RM 401.00 to RM 513.00, showing that most units are priced quite close to each other. With an IQR of RM 112.00 and MAD of RM 44, 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.