TAMAN GAMBIER/GAMBIER HEIGHTS

TAMAN GAMBIER/GAMBIER HEIGHTS in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 368K and a median price per square foot (PSF) of RM 518.

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 368K, with most transactions falling within a stable range of RM 343K to RM 393K, and a typical market range of RM 345K to RM 391K.

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

For price per square foot, the median is RM 518, with most transactions between RM 483 and RM 553. The usual range is RM 483.25 to RM 551.75, showing that most units are priced quite close to each other. With an IQR of RM 68.50 and MAD of RM 35, 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.