G.L GARDEN

Area Intelligence
2022
Median Price
RM 314,000
PSF: RM 446

Residential PSF Trends

Median Price

RM 314,000

PSF: RM 446

G.L GARDEN in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM 314K and a median price per square foot (PSF) of RM 446.

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 314K, with most transactions falling within a stable range of RM 282K to RM 346K, and a typical market range of RM 286K to RM 342K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM 446, with core pricing between RM 396 and RM 496. Market pricing typically extends from RM 404.50 to RM 486.50, reflecting moderate variation in unit pricing. With an IQR of RM 82.00 and MAD of RM 50, 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.

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G.L GARDEN, Timur Laut, Penang

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