|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 15
|
RM 420,000
|
RM 591
|
710 sqft
|
|
Flat |
|
Level 20
|
RM 325,000
|
RM 457
|
710 sqft
|
|
Flat |
|
Level 4
|
RM 180,000
|
RM 380
|
474 sqft
|
|
LC Flat |
|
Level 14
|
RM 320,000
|
RM 457
|
700 sqft
|
|
Flat |
|
Level 23
|
RM 370,000
|
RM 521
|
710 sqft
|
|
Flat |
|
Level 16
|
RM 360,000
|
RM 507
|
710 sqft
|
|
Flat |
|
Level 22
|
RM 335,000
|
RM 472
|
710 sqft
|
|
Flat |
|
Level 18
|
RM 355,000
|
RM 500
|
710 sqft
|
|
Flat |
|
Level 8
|
RM 313,000
|
RM 441
|
710 sqft
|
|
Flat |
|
Level 22
|
RM 360,000
|
RM 507
|
710 sqft
|
|
Flat |
|
Level 14
|
RM 160,000
|
RM 338
|
474 sqft
|
|
LC Flat |
|
Level 21
|
RM 390,000
|
RM 549
|
710 sqft
|
|
Flat |
|
Level 10
|
RM 160,000
|
RM 338
|
474 sqft
|
|
LC Flat |
|
Level 12
|
RM 155,000
|
RM 327
|
474 sqft
|
|
LC Flat |
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Market Snapshot
ResidentialRM 330,000
RM 465 psfMedian transaction price
P227 Jalan Bukit Gambir, 11700 Gelugor, Pulau Pinang, Malaysia
MapsTaman Gambier/Gambier Heights in Timur Laut, Penang recorded 14 subsale transactions in 2024, with a median price of RM 330K and a median price per square foot (PSF) of RM 465.
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 330K, with most transactions falling within a stable range of RM 239K to RM 420K, and a typical market range of RM 309K to RM 351K.
Most transactions involved flats, though some variety exists in the market.
The median PSF stands at RM 465, with core pricing between RM 385 and RM 544. Market pricing typically extends from RM 432.26 to RM 496.76, reflecting moderate variation in unit pricing. The spread of RM 64.50 (IQR) and deviation of RM 80 (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.