U-GARDEN

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 211K to RM 375K, and a typical market range of RM 220K to RM 366K.

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

The median PSF stands at RM 457, with core pricing between RM 368 and RM 546. Market pricing typically extends from RM 391.25 to RM 522.75, reflecting moderate variation in unit pricing. The spread of RM 131.50 (IQR) and deviation of RM 89 (MAD) suggest moderate price variations reflecting different property features.

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.