STRAITS GARDEN (PLOT A)

Area Intelligence
2022
Median Price
RM 380,000
PSF: RM 788

Residential PSF Trends

Median Price

RM 380,000

PSF: RM 788

Commercial PSF Trends

Median Price

RM 1,100,000

RM 402 PSF

STRAITS GARDEN (PLOT A) in Timur Laut, Penang recorded 5 subsale transactions in 2022, with a median price of RM 380K and a median price per square foot (PSF) of RM 788.

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 380K, with most transactions falling within a stable range of RM 360K to RM 411K, and a typical market range of RM 360K to RM 450K.

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

The median PSF stands at RM 788, with core pricing between RM 680 and RM 896. Market pricing typically extends from RM 631.50 to RM 944.50, reflecting moderate variation in unit pricing. With an IQR of RM 313.00 and MAD of RM 108, 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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Transactions

5 transactions grouped by size

400 sqft
Condo/Apartment
RM 360,000
Level 20
398 sqft · RM 904 PSF
450 sqft
Condo/Apartment
RM 450,000
Level 14
431 sqft · RM 1,045 PSF
500 sqft
Condo/Apartment
RM 380,000
Level 13
495 sqft · RM 767 PSF
RM 390,000
Level 23
495 sqft · RM 788 PSF
RM 380,000
Level 17
495 sqft · RM 767 PSF

No Properties For Sale

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

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