BROWN GARDEN in Timur Laut, Penang recorded 10 subsale transactions in 2022, with a median price of RM 855K and a median price per square foot (PSF) of RM 663.
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 855K, with most transactions falling within a stable range of RM 820K to RM 890K, and a typical market range of RM 821K to RM 889K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 663, with core pricing between RM 591 and RM 735. Market pricing typically extends from RM 594.00 to RM 731.00, 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.