RESERVOIR GARDEN

Area Intelligence
2024
Median Price
RM 680,000
PSF: RM 483

Residential PSF Trends

Median Price

RM 680,000

PSF: RM 483

RESERVOIR GARDEN in Timur Laut, Penang recorded 3 subsale transactions in 2024, with a median price of RM 680K and a median price per square foot (PSF) of RM 483.

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 680K, with most transactions falling within a stable range of RM 630K to RM 763K, and a typical market range of RM 630K to RM 791K.

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

The median PSF stands at RM 483, with core pricing between RM 404 and RM 562. Market pricing typically extends from RM 402.50 to RM 563.50, reflecting moderate variation in unit pricing. The spread of RM 161.00 (IQR) and deviation of RM 79 (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

OSM

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Transactions

3 transactions grouped by size

1,300 sqft
Single Storey Terraced
RM 630,000
RESERVOIR DRIVE
1,305 sqft · RM 483 PSF
1,350 sqft
Single Storey Terraced
RM 825,000
MEDAN KOLAM AIR
1,345 sqft · RM 613 PSF
1,600 sqft
Single Storey Terraced
RM 680,000
MEDAN KOLAM AIR
1,604 sqft · RM 424 PSF

No Properties For Sale

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

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