G.l Garden
1-16-05, 8, Solok Paya Terubong, Bandar Baru Air Itam, 11060 Ayer Itam, Pulau Pinang, Malaysia
1-16-05, 8, Solok Paya Terubong, Bandar Baru Air Itam, 11060 Ayer Itam, Pulau Pinang, Malaysia
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Market Snapshot
ResidentialRM 304,000
RM 431 psfMedian transaction price
1-16-05, 8, Solok Paya Terubong, Bandar Baru Air Itam, 11060 Ayer Itam, Pulau Pinang, Malaysia
MapsG.l Garden in Timur Laut, Penang recorded 2 subsale transactions in 2024, with a median price of RM 304K and a median price per square foot (PSF) of RM 431.
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 304K, with most transactions falling within a stable range of RM 288K to RM 320K, and a typical market range of RM 288K to RM 320K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM 431, with most transactions between RM 405 and RM 457. The usual range is RM 391.88 to RM 470.88, showing that most units are priced quite close to each other. With an IQR of RM 79.00 and MAD of RM 26, 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. Limited transaction history suggests carefully evaluating comparable sales data.