Penang
Timur Laut
Jelutong
STRAITS GARDEN (PLOT A)

STRAITS GARDEN (PLOT A)

Area Intelligence

2023

Median Price

RM 415,000

PSF: RM 660

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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 580K to RM 510K, and a typical market range of RM 580K to RM 550K.

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

For price per square foot, the median is RM 660, with most transactions between RM 638 and RM 682. The usual range is RM 503.00 to RM 816.00, showing that most units are priced quite close to each other. With an IQR of RM 313.00 and MAD of RM 22, 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.

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STRAITS GARDEN (PLOT A), Timur Laut, Penang

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