Green Garden
Paya Terubong, Air Itam, Penang, Malaysia
Paya Terubong, Air Itam, Penang, Malaysia
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Market Snapshot
ResidentialRM 885,000
RM 475 psfMedian transaction price
Paya Terubong, Air Itam, Penang, Malaysia
MapsGreen 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 850K to RM 920K, and a typical market range of RM 850K to RM 920K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 475, with most transactions between RM 454 and RM 495. The usual range is RM 418.01 to RM 531.26, showing that most units are priced quite close to each other. With an IQR of RM 113.25 and MAD of RM 21, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.