STRAITS GARDEN (PLOT A)

STRAITS GARDEN (PLOT A) in Timur Laut, Penang recorded 9 SOHO/SOFO/SOVO properties subsale transactions between 2021 and 2025 for soho/sofo/sovo properties, with a median price of RM 1.10 million and a median price per square foot (PSF) of RM 402.

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 1.10 million, with most transactions falling within a stable range of RM 385K to RM 2.04 million, and a typical market range of RM 965K to RM 1.24 million.

Within the SOHO/SOFO/SOVO category, condominium/apartment dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 402, though individual units vary from RM 0 to RM 1,013 in the core range. The broader market spans RM 245.50 to RM 558.50, indicating diverse property characteristics. A wider spread (IQR: RM 313.00) and deviation (MAD: RM 611) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.