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Market Snapshot
ResidentialRM 400,000
RM 978 psfMedian transaction price
Straits Garden Condominium, 353, Jalan Tokong Batu, Jelutong, 11600 Jelutong, Penang, Malaysia
MapsStraits Garden Condominium in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 440K and a median price per square foot (PSF) of RM 953.
This area contains both residential and commercial properties. View 24 residential properties or 10 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 440K, with most transactions falling within a stable range of RM 400K to RM 480K, and a typical market range of RM 400K to RM 480K.
Most transactions involved condominium/apartment, though some variety exists in the market.
For price per square foot, the median is RM 953, with most transactions between RM 929 and RM 978. The usual range is RM 785.21 to RM 1,121.71, showing that most units are priced quite close to each other. With an IQR of RM 336.50 and MAD of RM 24, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.