| Road | Price | PSF | Size | Date | Type |
|---|
|
Reservoir Drive
|
RM 630,000
|
RM 483
|
1,305 sqft
|
|
|
Medan Kolam Air
|
RM 825,000
|
RM 613
|
1,345 sqft
|
|
|
Medan Kolam Air
|
RM 680,000
|
RM 424
|
1,604 sqft
|
|
|
Reseivoir First Avenue
|
RM 1,010,000
|
RM 386
|
2,618 sqft
|
|
|
Reservoir 6Th Avenue
|
RM 1,150,000
|
RM 321
|
3,580 sqft
|
|
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Market Snapshot
ResidentialRM 825,000
RM 424 psfMedian transaction price
Reservoir Garden, 11500 Ayer Itam, Pulau Pinang, Malaysia
MapsReservoir Garden in Timur Laut, Penang recorded 5 subsale transactions in 2024, with a median price of RM 825K and a median price per square foot (PSF) of RM 424.
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 825K, with most transactions falling within a stable range of RM 630K to RM 1.02 million, and a typical market range of RM 714K to RM 936K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 424, though individual units vary from RM 325 to RM 523 in the core range. The broader market spans RM 348.37 to RM 499.62, indicating diverse property characteristics. The spread of RM 151.25 (IQR) and deviation of RM 99 (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.