STRAITS GARDEN (PLOT A)

Area Intelligence
2023
Median Price
RM 415,000
PSF: RM 660

Residential PSF Trends

Median Price

RM 415,000

PSF: RM 660

STRAITS GARDEN (PLOT A) in Timur Laut, Penang recorded 10 subsale transactions in 2023, with a median price of RM 415K and a median price per square foot (PSF) of RM 660.

This area contains both residential and commercial properties. View 24 residential properties or 9 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 415K, with most transactions falling within a stable range of RM 378K to RM 532K, and a typical market range of RM 378K to RM 550K.

Most transactions involved condominium/apartment, though some variety exists in the market.

The median PSF stands at RM 660, with core pricing between RM 538 and RM 781. Market pricing typically extends from RM 503.00 to RM 816.00, reflecting moderate variation in unit pricing. The spread of RM 313.00 (IQR) and deviation of RM 121 (MAD) suggest moderate price variations reflecting different property features.

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.

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STRAITS GARDEN (PLOT A), Timur Laut, Penang

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Transactions

10 transactions found

RM 400,000
Level 23
495 sqft RM 808.00 PSF
RM 580,000
Level 18
990 sqft RM 586.00 PSF
RM 420,000
Level 28
495 sqft RM 848.00 PSF
RM 385,000
Level 18
495 sqft RM 778.00 PSF
RM 380,000
Level 23
495 sqft RM 767.00 PSF
RM 378,000
Level 13
710 sqft RM 532.00 PSF
RM 410,000
Level 11
592 sqft RM 693.00 PSF
RM 445,000
Level 13
710 sqft RM 626.00 PSF
RM 490,000
Level 23
990 sqft RM 495.00 PSF
RM 770,000
Level 17
1,421 sqft RM 542.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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