| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 14
|
RM 340,000
|
RM 486
|
700 sqft
|
|
|
|
Level 26
|
RM 308,000
|
RM 440
|
700 sqft
|
|
|
|
Level 21
|
RM 400,000
|
RM 572
|
700 sqft
|
|
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Market Snapshot
ResidentialRM 340,000
RM 486 psfMedian transaction price
50, Persiaran Minden 1, 11700 Gelugor, Pulau Pinang, Malaysia
MapsU-Garden in Timur Laut, Penang recorded 3 subsale transactions in 2021, with a median price of RM 340K and a median price per square foot (PSF) of RM 486.
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 340K, with most transactions falling within a stable range of RM 308K to RM 378K, and a typical market range of RM 308K to RM 400K.
Most transactions involved flats, though some variety exists in the market.
The median PSF stands at RM 486, with core pricing between RM 431 and RM 540. Market pricing typically extends from RM 436.46 to RM 535.46, reflecting moderate variation in unit pricing. With an IQR of RM 99.00 and MAD of RM 55, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.