Penang
Timur Laut
Jelutong
STRAITS GARDEN (PLOT A)

STRAITS GARDEN (PLOT A)

Area Intelligence

2022

Median Price

RM 895,000

PSF: RM 373

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Residential PSF Trends

Median Price

RM 405,000

PSF: RM 757

Commercial PSF Trends

Median Price

RM 895,000

RM 373 PSF

STRAITS GARDEN (PLOT A) in Timur Laut, Penang recorded 2 subsale transactions in 2022, 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 830K to RM 960K.

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

For price per square foot, the median is RM 373, with most transactions between RM 344 and RM 402. The usual range is RM 216.50 to RM 529.50, showing that most units are priced quite close to each other. With an IQR of RM 313.00 and MAD of RM 29, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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STRAITS GARDEN (PLOT A), Timur Laut, Penang

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