RESERVOIR GARDEN

Area Intelligence
2023
Median Price
RM 772,500
PSF: RM 521

Residential PSF Trends

Median Price

RM 772,500

PSF: RM 521

RESERVOIR GARDEN in Timur Laut, Penang recorded 4 subsale transactions in 2023, with a median price of RM 773K and a median price per square foot (PSF) of RM 521.

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 773K, with most transactions falling within a stable range of RM 590K to RM 955K, and a typical market range of RM 661K to RM 884K.

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

The median PSF stands at RM 521, with core pricing between RM 451 and RM 591. Market pricing typically extends from RM 440.50 to RM 601.50, reflecting moderate variation in unit pricing. With an IQR of RM 161.00 and MAD of RM 70, 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

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Transactions

4 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
RM 1,020,000
JALAN TAMAN RIA 3
1,621 sqft · RM 629 PSF

No Properties For Sale

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

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