GREEN GARDEN

GREEN GARDEN in Timur Laut, Penang recorded 7 subsale transactions in 2022, with a median price of RM 910K and a median price per square foot (PSF) of RM 499.

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 910K, with most transactions falling within a stable range of RM 722K to RM 1.10 million, and a typical market range of RM 733K to RM 1.09 million.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 499, with core pricing between RM 428 and RM 570. Market pricing typically extends from RM 442.38 to RM 555.63, reflecting moderate variation in unit pricing. With an IQR of RM 113.25 and MAD of RM 71, 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.