| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 6
|
RM 350,000
|
RM 493
|
710 sqft
|
|
|
|
Level 7
|
RM 350,000
|
RM 493
|
710 sqft
|
|
|
|
Level 6
|
RM 380,000
|
RM 535
|
710 sqft
|
|
|
|
Level 11
|
RM 325,000
|
RM 457
|
710 sqft
|
|
|
|
Level 20
|
RM 330,000
|
RM 465
|
710 sqft
|
|
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Market Snapshot
ResidentialRM 350,000
RM 493 psfMedian transaction price
P227 Jalan Bukit Gambir, 11700 Gelugor, Pulau Pinang, Malaysia
MapsTaman Gambier/Gambier Heights in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM 350K and a median price per square foot (PSF) of RM 493.
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 350K, with most transactions falling within a stable range of RM 331K to RM 369K, and a typical market range of RM 329K to RM 371K.
Most transactions involved flats, though some variety exists in the market.
For price per square foot, the median is RM 493, with most transactions between RM 466 and RM 520. The usual range is RM 460.75 to RM 525.25, showing that most units are priced quite close to each other. With an IQR of RM 64.50 and MAD of RM 27, 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.