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 560K to RM 1.33 million, and a typical market range of RM 779K 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 555, with core pricing between RM 490 and RM 620. Market pricing typically extends from RM 474.50 to RM 635.50, reflecting moderate variation in unit pricing. With an IQR of RM 161.00 and MAD of RM 65, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. 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

1,250 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
3,100 sqft
Double Storey Semi-D
RM 1,800,000
RESERVOIR CRESENT
3,118 sqft · RM 577 PSF

No Properties For Sale

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

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