GREEN GARDEN in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 885K and a median price per square foot (PSF) of RM 475.
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 885K, with most transactions falling within a stable range of RM 786K to RM 984K, and a typical market range of RM 708K to RM 1.06 million.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 475, with core pricing between RM 422 and RM 528. Market pricing typically extends from RM 417.88 to RM 531.13, reflecting moderate variation in unit pricing. With an IQR of RM 113.25 and MAD of RM 53, 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.
