STRAITS GARDEN (PLOT A)

Area Intelligence
2024
Median Price
RM 415,000
PSF: RM 650

Residential PSF Trends

Median Price

RM 415,000

PSF: RM 650

Commercial PSF Trends

Median Price

RM 1,100,000

RM 402 PSF

STRAITS GARDEN (PLOT A) in Timur Laut, Penang recorded 4 subsale transactions in 2024, with a median price of RM 415K and a median price per square foot (PSF) of RM 650.

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 379K to RM 450K, and a typical market range of RM 370K to RM 450K.

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

The median PSF stands at RM 650, with core pricing between RM 538 and RM 762. Market pricing typically extends from RM 493.50 to RM 806.50, reflecting moderate variation in unit pricing. The spread of RM 313.00 (IQR) and deviation of RM 112 (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

3 transactions grouped by size

500 sqft
Condo/Apartment
RM 380,000
Level 12
495 sqft · RM 767 PSF
600 sqft
Condo/Apartment
RM 450,000
Level 25
603 sqft · RM 747 PSF
700 sqft
Condo/Apartment
RM 370,000
Level 12
710 sqft · RM 521 PSF

No Properties For Sale

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

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