STRAITS GARDEN (PLOT A) in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 895K and a median price per square foot (PSF) of RM 373.
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 895K, with most transactions falling within a stable range of RM 830K to RM 960K, and a typical market range of RM 760K to RM 1.03 million.
Most transactions involved condominium/apartment, though some variety exists in the market.
Price per square foot shows a median of RM 373, though individual units vary from RM 201 to RM 545 in the core range. The broader market spans RM 216.50 to RM 529.50, indicating diverse property characteristics. A wider spread (IQR: RM 313.00) and deviation (MAD: RM 172) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
