RESERVOIR GARDEN

Area Intelligence
2022
Median Price
RM 925,000
PSF: RM 373

Residential PSF Trends

Median Price

RM 925,000

PSF: RM 373

RESERVOIR GARDEN in Timur Laut, Penang recorded 5 subsale transactions in 2022, with a median price of RM 925K and a median price per square foot (PSF) of RM 373.

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 925K, with most transactions falling within a stable range of RM 852K to RM 998K, and a typical market range of RM 814K to RM 1.00 million.

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

The median PSF stands at RM 373, with core pricing between RM 321 and RM 425. Market pricing typically extends from RM 292.50 to RM 453.50, reflecting moderate variation in unit pricing. With an IQR of RM 161.00 and MAD of RM 52, 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

5 transactions grouped by size

1,600 sqft
Single Storey Terraced
RM 780,000
JALAN TAMAN RIA
1,612 sqft · RM 484 PSF
2,400 sqft
RM 1,000,000
RESERVOIR CRESCENT
2,400 sqft · RM 417 PSF
RM 900,000
JALAN TAMAN RIA 3
2,416 sqft · RM 373 PSF
2,700 sqft
RM 925,000
RESERVOIR 4TH AVENUE
2,719 sqft · RM 340 PSF
RM 950,000
JALAN TAMAN RIA
2,695 sqft · RM 353 PSF

No Properties For Sale

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

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