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 310K to RM 360K, and a typical market range of RM 312K to RM 358K.

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

For price per square foot, the median is RM 472, with most transactions between RM 437 and RM 507. The usual range is RM 437.75 to RM 506.25, 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. Moderate transaction volume may require patience when buying or selling.