BROWN GARDEN in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 700K and a median price per square foot (PSF) of RM 598.
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 700K, with most transactions falling within a stable range of RM 665K to RM 735K, and a typical market range of RM 666K to RM 734K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 598, with core pricing between RM 526 and RM 670. Market pricing typically extends from RM 529.00 to RM 666.00, reflecting moderate variation in unit pricing. With an IQR of RM 137.00 and MAD of RM 72, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.