Penang
Timur Laut
Georgetown
KONDO GEMBIRA

KONDO GEMBIRA

Area Intelligence

2023

Median Price

RM 490,000

PSF: RM 449

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Residential PSF Trends

Median Price

RM 490,000

PSF: RM 449

KONDO GEMBIRA in Timur Laut, Penang recorded 5 subsale transactions in 2023, with a median price of RM 490K and a median price per square foot (PSF) of RM 449.

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 490K, with most transactions falling within a stable range of RM 480K to RM 521K, and a typical market range of RM 480K to RM 516K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 449, with most transactions between RM 431 and RM 467. The usual range is RM 431.38 to RM 466.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 35.25 and an average deviation (MAD) of RM 18 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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KONDO GEMBIRA, Timur Laut, Penang

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Transactions

5 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 565,000

Level 3

1,173 sqft • RM 482.00 PSF

Nov 2023

RM 480,000

Level 5

1,119 sqft • RM 429.00 PSF

Oct 2023

RM 488,000

Level 8

1,087 sqft • RM 449.00 PSF

Aug 2023

RM 513,000

Level 6

1,173 sqft • RM 437.00 PSF

May 2023

RM 490,000

Level 4

1,076 sqft • RM 455.00 PSF

Apr 2023

Road	Price	Land PSF	Land	Date	Type
Level 3	RM 565,000	RM 482.00	1,173 sqft	Nov 2023	Condo/Apartment
Level 5	RM 480,000	RM 429.00	1,119 sqft	Oct 2023	Condo/Apartment
Level 8	RM 488,000	RM 449.00	1,087 sqft	Aug 2023	Condo/Apartment
Level 6	RM 513,000	RM 437.00	1,173 sqft	May 2023	Condo/Apartment
Level 4	RM 490,000	RM 455.00	1,076 sqft	Apr 2023	Condo/Apartment