Penang
Timur Laut
Ayer Itam
RESERVOIR GARDEN

RESERVOIR GARDEN

Area Intelligence

2023

Median Price

RM 890,000

PSF: RM 555

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Residential PSF Trends

Median Price

RM 890,000

PSF: RM 555

RESERVOIR GARDEN in Timur Laut, Penang recorded 5 subsale transactions in 2023, with a median price of RM 890K and a median price per square foot (PSF) of RM 555.

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 890K, with most transactions falling within a stable range of RM 560K to RM 1.33 million, and a typical market range of RM 779K to RM 1.00 million.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 555, with core pricing between RM 490 and RM 620. Market pricing typically extends from RM 474.50 to RM 635.50, reflecting moderate variation in unit pricing. With an IQR of RM 161.00 and MAD of RM 65, 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.

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RESERVOIR GARDEN, Timur Laut, Penang

OSM

Track location

Transactions

5 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 890,000

MEDAN KOLAM AIR

1,604 sqft • RM 555.00 PSF

Dec 2023

RM 1,020,000

JALAN TAMAN RIA 3

1,621 sqft • RM 629.00 PSF

Jul 2023

RM 1,800,000

RESERVOIR CRESENT

3,118 sqft • RM 577.00 PSF

Jul 2023

RM 655,000

RESERVOIR DRIVE

1,345 sqft • RM 487.00 PSF

Mar 2023

RM 560,000

RESERVOIR CRESCENT

1,259 sqft • RM 445.00 PSF

Feb 2023

Road	Price	Land PSF	Land	Date	Type
MEDAN KOLAM AIR	RM 890,000	RM 555.00	1,604 sqft	Dec 2023	Single Storey Terraced
JALAN TAMAN RIA 3	RM 1,020,000	RM 629.00	1,621 sqft	Jul 2023	Single Storey Terraced
RESERVOIR CRESENT	RM 1,800,000	RM 577.00	3,118 sqft	Jul 2023	Double Storey Semi-D
RESERVOIR DRIVE	RM 655,000	RM 487.00	1,345 sqft	Mar 2023	Single Storey Terraced
RESERVOIR CRESCENT	RM 560,000	RM 445.00	1,259 sqft	Feb 2023	Single Storey Terraced