LUCKY GARDEN (TAMAN BAHAGIA) Property Investment Analysis
PROPERTY TYPES OVERVIEW
2 - 2 1/2 Storey Shop
2 properties
Median Price
RM 462,500
-7.8% CAGR
Median PSF
RM 373.50
-7.9% CAGR
3 - 3 1/2 Storey Shop
1 properties
Median Price
RM 700,000
Median PSF
RM 500.00
Property Type | Properties | Transactions | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|---|
2 - 2 1/2 Storey Shop | 2 | 925,000 |
RM 462,500
±38K MAD
|
-7.80% |
RM 373.50
±31 MAD
|
-7.86% | |
3 - 3 1/2 Storey Shop | 1 | 700,000 |
RM 700,000
|
- |
RM 500.00
|
- |
LUCKY GARDEN (TAMAN BAHAGIA) in Timur Laut, Penang recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 300K and a median price per square foot (PSF) of RM 442.
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 300K, with most transactions falling within a stable range of RM 273K to RM 328K, and a typical market range of RM 275K to RM 325K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM 442, with most transactions between RM 402 and RM 483. The usual range is RM 405.25 to RM 478.75, showing that most units are priced quite close to each other. With an IQR of RM 73.50 and MAD of RM 41, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Flat |
|
RM 270,000
|
RM 398.00
|
678 sqft
|
Oct 2024
|
Flat |
|
RM 330,000
|
RM 486.00
|
679 sqft
|
Apr 2024
|
Flat |
|
RM 340,000
|
RM 501.00
|
679 sqft
|
Apr 2024
|
Flat |
|
RM 275,000
|
RM 405.00
|
679 sqft
|
Dec 2023
|
Flat |
|
RM 300,000
|
RM 442.00
|
679 sqft
|
Dec 2022
|
Flat |
|
RM 285,000
|
RM 420.00
|
679 sqft
|
Aug 2022
|
Flat |
|
RM 300,000
|
RM 442.00
|
679 sqft
|
Dec 2021
|
Flat |
|
RM 340,000
|
RM 501.00
|
679 sqft
|
Oct 2021
|