TAMAN GAMBIER

Area Intelligence
Median Price
RM 450,000
PSF: RM 370

Commercial PSF Trends

Median Price

RM 450,000

RM 370 PSF

TAMAN GAMBIER in Timur Laut, Penang recorded 1 subsale transactions between 2021 and 2025, with a median price of RM 450K and a median price per square foot (PSF) of RM 370.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 450K, with most transactions falling within a stable range of RM 175K to RM 725K, and a typical market range of RM 313K to RM 588K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

For price per square foot, the median is RM 370, with most transactions between RM 340 and RM 401. The usual range is RM 354.75 to RM 385.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 30.50 and an average deviation (MAD) of RM 31 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN GAMBIER, Timur Laut, Penang

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