Penang
Timur Laut
18
SKYRIDGE GARDEN

SKYRIDGE GARDEN

Area Intelligence

2023

Median Price

RM 816,000

PSF: RM 630

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Residential PSF Trends

Median Price

RM 816,000

PSF: RM 630

SKYRIDGE GARDEN in Timur Laut, Penang recorded 29 subsale transactions in 2023, with a median price of RM 816K and a median price per square foot (PSF) of RM 630.

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 816K, with most transactions falling within a stable range of RM 791K to RM 600K, and a typical market range of RM 790K to RM 600K.

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

The median PSF stands at RM 630, with core pricing between RM 559 and RM 702. Market pricing typically extends from RM 610.00 to RM 650.00, reflecting moderate variation in unit pricing. With an IQR of RM 40.00 and MAD of RM 72, 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. Moderate transaction volume may require patience when buying or selling.

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SKYRIDGE GARDEN, Timur Laut, Penang

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