TAMAN GAMBIER/GAMBIER HEIGHTS

TAMAN GAMBIER/GAMBIER HEIGHTS in Timur Laut, Penang recorded 22 subsale transactions in 2023, with a median price of RM 335K and a median price per square foot (PSF) of RM 472.

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 335K, with most transactions falling within a stable range of RM 275K to RM 395K, and a typical market range of RM 312K to RM 358K.

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

The median PSF stands at RM 472, with core pricing between RM 413 and RM 531. Market pricing typically extends from RM 437.75 to RM 506.25, reflecting moderate variation in unit pricing. With an IQR of RM 68.50 and MAD of RM 59, 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. Moderate transaction volume may require patience when buying or selling.