| Road | Price | PSF | Size | Date | Type |
|---|
|
Reservoir 2Nd Avenue
|
RM 760,000
|
RM 471
|
1,615 sqft
|
|
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Market Snapshot
ResidentialRM 760,000
RM 471 psfMedian transaction price
Reservoir Garden, 11500 Ayer Itam, Pulau Pinang, Malaysia
MapsReservoir Garden in Timur Laut, Penang recorded 1 subsale transactions in 2021, with a median price of RM 760K and a median price per square foot (PSF) of RM 471.
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 471, with most transactions between RM 471 and RM 471. The usual range is RM 395.09 to RM 546.34, showing that most units are priced quite close to each other. With an IQR of RM 151.25 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.