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Market Snapshot
ResidentialRM 490,000
RM 376 psfMedian transaction price
88, Cangkat Bukit Gambir 2, Bukit Gambir, 11700 Gelugor, Pulau Pinang, Malaysia
MapsVista Gambier Condo in Timur Laut, Penang recorded 1 subsale transactions between 2021 and 2026, with a median price of RM 490K and a median price per square foot (PSF) of RM 376.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 376, with most transactions between RM 376 and RM 376. The usual range is RM 312.00 to RM 440.00, showing that most units are priced quite close to each other. With an IQR of RM 128.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.
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.