| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 13
|
RM 182,000
|
RM 325
|
560 sqft
|
|
|
|
Level 7
|
RM 250,000
|
RM 447
|
560 sqft
|
|
|
|
Level 11
|
RM 235,000
|
RM 420
|
560 sqft
|
|
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Market Snapshot
ResidentialRM 242,500
RM 434 psfMedian transaction price
50, Persiaran Minden 1, 11700 Gelugor, Pulau Pinang, Malaysia
MapsU-Garden in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 243K and a median price per square foot (PSF) of RM 434.
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 243K, with most transactions falling within a stable range of RM 182K to RM 323K, and a typical market range of RM 182K to RM 306K.
Most transactions involved flats, though some variety exists in the market.
Price per square foot shows a median of RM 434, though individual units vary from RM 345 to RM 522 in the core range. The broader market spans RM 384.00 to RM 483.00, indicating diverse property characteristics. The spread of RM 99.00 (IQR) and deviation of RM 88 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.