Penang
Timur Laut
Georgetown
GREEN GARDEN

GREEN GARDEN

Area Intelligence

2023

Median Price

RM 860,000

PSF: RM 532

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Residential PSF Trends

Median Price

RM 860,000

PSF: RM 532

GREEN GARDEN in Timur Laut, Penang recorded 3 subsale transactions in 2023, with a median price of RM 860K and a median price per square foot (PSF) of RM 532.

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 860K, with most transactions falling within a stable range of RM 766K to RM 954K, and a typical market range of RM 750K to RM 980K.

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

The median PSF stands at RM 532, with core pricing between RM 470 and RM 594. Market pricing typically extends from RM 475.38 to RM 588.63, reflecting moderate variation in unit pricing. With an IQR of RM 113.25 and MAD of RM 62, 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.

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GREEN GARDEN, Timur Laut, Penang

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