STRAITS GARDEN (PLOT C)

STRAITS GARDEN (PLOT C) in Timur Laut, Penang recorded 2 subsale transactions in 2024, with a median price of RM 272K and a median price per square foot (PSF) of RM 407.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 272K, with most transactions falling within a stable range of RM 270K to RM 273K, and a typical market range of RM 270K to RM 273K.

Most transactions involved low-cost flat, with minimal variety in property types.

For price per square foot, the median is RM 407, with most transactions between RM 405 and RM 409. The usual range is RM 377.88 to RM 436.13, showing that most units are priced quite close to each other. With an IQR of RM 58.25 and MAD of RM 2, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.