STRAITS GARDEN (PLOT A)

Area Intelligence
2023
Median Price
RM 410,000
PSF: RM 693

Residential PSF Trends

Median Price

RM 410,000

PSF: RM 693

Commercial PSF Trends

Median Price

RM 1,100,000

RM 402 PSF

STRAITS GARDEN (PLOT A) in Timur Laut, Penang recorded 9 subsale transactions in 2023, with a median price of RM 410K and a median price per square foot (PSF) of RM 693.

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 410K, with most transactions falling within a stable range of RM 378K to RM 472K, and a typical market range of RM 378K to RM 545K.

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

The median PSF stands at RM 693, with core pricing between RM 573 and RM 813. Market pricing typically extends from RM 536.50 to RM 849.50, reflecting moderate variation in unit pricing. The spread of RM 313.00 (IQR) and deviation of RM 120 (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

9 transactions grouped by size

500 sqft
Condo/Apartment
RM 400,000
Level 23
495 sqft · RM 808 PSF
RM 420,000
Level 28
495 sqft · RM 848 PSF
RM 385,000
Level 18
495 sqft · RM 778 PSF
RM 380,000
Level 23
495 sqft · RM 767 PSF
600 sqft
Condo/Apartment
RM 410,000
Level 11
592 sqft · RM 693 PSF
700 sqft
Condo/Apartment
RM 378,000
Level 13
710 sqft · RM 532 PSF
RM 445,000
Level 13
710 sqft · RM 626 PSF
1,000 sqft
Condo/Apartment
RM 580,000
Level 18
990 sqft · RM 586 PSF
RM 490,000
Level 23
990 sqft · RM 495 PSF

No Properties For Sale

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

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