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.

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 555 and RM 555. 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 0, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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RESERVOIR GARDEN, Timur Laut, Penang

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