VISTA GAMBIER CONDO

VISTA GAMBIER CONDO in Timur Laut, Penang recorded 7 subsale transactions in 2023, with a median price of RM 710K and a median price per square foot (PSF) of RM 520.

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 710K, with most transactions falling within a stable range of RM 532K to RM 888K, and a typical market range of RM 554K to RM 866K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 520, with core pricing between RM 455 and RM 586. Market pricing typically extends from RM 454.88 to RM 585.13, reflecting moderate variation in unit pricing. With an IQR of RM 130.25 and MAD of RM 66, 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.