Penang
Timur Laut
18
SKYRIDGE GARDEN

SKYRIDGE GARDEN

Area Intelligence

2022

Median Price

RM 813,000

PSF: RM 629

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Residential PSF Trends

Median Price

RM 813,000

PSF: RM 629

SKYRIDGE GARDEN in Timur Laut, Penang recorded 40 subsale transactions in 2022, with a median price of RM 813K and a median price per square foot (PSF) of RM 629.

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 813K, with most transactions falling within a stable range of RM 1.24 million to RM 821K, and a typical market range of RM 1.24 million to RM 840K.

Most transactions involved condominium/apartment, with minimal variety in property types.

Price per square foot shows a median of RM 629, though individual units vary from RM 461 to RM 798 in the core range. The broader market spans RM 609.00 to RM 649.00, indicating diverse property characteristics. A wider spread (IQR: RM 40.00) and deviation (MAD: RM 169) indicate significant PSF variations, likely due to diverse property types or conditions.

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. Moderate transaction volume may require patience when buying or selling.

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SKYRIDGE GARDEN, Timur Laut, Penang

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