STRAITS GARDEN (PLOT C)

STRAITS GARDEN (PLOT C) in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM 269K and a median price per square foot (PSF) of RM 410.

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 269K, with most transactions falling within a stable range of RM 230K to RM 308K, and a typical market range of RM 251K to RM 287K.

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

The median PSF stands at RM 410, with core pricing between RM 350 and RM 469. Market pricing typically extends from RM 380.38 to RM 438.63, reflecting moderate variation in unit pricing. With an IQR of RM 58.25 and MAD of RM 60, 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.