Penang
Timur Laut
Ayer Itam
RESERVOIR GARDEN

RESERVOIR GARDEN

Area Intelligence

2024

Median Price

RM 825,000

PSF: RM 424

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Residential PSF Trends

Median Price

RM 825,000

PSF: RM 424

RESERVOIR GARDEN in Timur Laut, Penang recorded 5 subsale transactions in 2024, with a median price of RM 825K and a median price per square foot (PSF) of RM 424.

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 825K, with most transactions falling within a stable range of RM 630K to RM 1.02 million, and a typical market range of RM 714K to RM 936K.

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

Price per square foot shows a median of RM 424, though individual units vary from RM 325 to RM 523 in the core range. The broader market spans RM 343.50 to RM 504.50, indicating diverse property characteristics. The spread of RM 161.00 (IQR) and deviation of RM 99 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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RESERVOIR GARDEN, Timur Laut, Penang

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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)

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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)

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RM 825,000

MEDAN KOLAM AIR

1,345 sqft • RM 613.00 PSF

Nov 2024

RM 630,000

RESERVOIR DRIVE

1,305 sqft • RM 483.00 PSF

Sep 2024

RM 1,150,000

RESERVOIR 6TH AVENUE

3,580 sqft • RM 321.00 PSF

Sep 2024

RM 680,000

MEDAN KOLAM AIR

1,604 sqft • RM 424.00 PSF

Jul 2024

RM 1,010,000

RESEIVOIR FIRST AVENUE

2,618 sqft • RM 386.00 PSF

Apr 2024

Road	Price	Land PSF	Land	Date	Type
MEDAN KOLAM AIR	RM 825,000	RM 613.00	1,345 sqft	Nov 2024	Single Storey Terraced
RESERVOIR DRIVE	RM 630,000	RM 483.00	1,305 sqft	Sep 2024	Single Storey Terraced
RESERVOIR 6TH AVENUE	RM 1,150,000	RM 321.00	3,580 sqft	Sep 2024	Double Storey Semi-D
MEDAN KOLAM AIR	RM 680,000	RM 424.00	1,604 sqft	Jul 2024	Single Storey Terraced
RESEIVOIR FIRST AVENUE	RM 1,010,000	RM 386.00	2,618 sqft	Apr 2024	Double Storey Semi-D