GREEN GARDEN - MK. 13 in Timur Laut, Penang recorded 17 subsale transactions in 2021, with a median price of RM 138K and a median price per square foot (PSF) of RM 256.
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 138K, with most transactions falling within a stable range of RM 116K to RM 160K, and a typical market range of RM 108K to RM 168K.
Most transactions involved low-cost flat, with minimal variety in property types.
The median PSF stands at RM 256, with core pricing between RM 214 and RM 298. Market pricing typically extends from RM 200.50 to RM 311.50, reflecting moderate variation in unit pricing. The spread of RM 111.00 (IQR) and deviation of RM 42 (MAD) suggest moderate price variations reflecting different property features.
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.
