EASTERN GARDEN

EASTERN GARDEN in Timur Laut, Penang recorded 5 subsale transactions in 2022, with a median price of RM 840K and a median price per square foot (PSF) of RM 490.

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 840K, with most transactions falling within a stable range of RM 760K to RM 946K, and a typical market range of RM 760K to RM 940K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 490, with core pricing between RM 432 and RM 548. Market pricing typically extends from RM 439.50 to RM 540.50, reflecting moderate variation in unit pricing. With an IQR of RM 101.00 and MAD of RM 58, 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.