RESERVOIR GARDEN

Area Intelligence
2023
Median Price
RM 890,000
PSF: RM 555

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 751K to RM 890K, and a typical market range of RM 779K to RM 890K.

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

For price per square foot, the median is RM 555, with most transactions between RM 510 and RM 600. The usual range is RM 474.50 to RM 635.50, showing that most units are priced quite close to each other. With an IQR of RM 161.00 and MAD of RM 45, 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. 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

OSM

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Transactions

3 transactions grouped by size

1,250 sqft
Single Storey Terraced
RM 560,000
RESERVOIR CRESCENT
1,259 sqft · RM 445 PSF
1,350 sqft
Single Storey Terraced
RM 655,000
RESERVOIR DRIVE
1,345 sqft · RM 487 PSF
1,600 sqft
Single Storey Terraced
RM 890,000
MEDAN KOLAM AIR
1,604 sqft · RM 555 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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