TAMAN PEMIMPIN (LEADER GARDEN) in Timur Laut, Penang recorded 14 subsale transactions in 2024, with a median price of RM 440K and a median price per square foot (PSF) of RM 395.
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 440K, with most transactions falling within a stable range of RM 390K to RM 490K, and a typical market range of RM 397K to RM 483K.
Most transactions involved condominium/apartment, though some variety exists in the market.
For price per square foot, the median is RM 395, with most transactions between RM 365 and RM 425. The usual range is RM 364.75 to RM 425.25, showing that most units are priced quite close to each other. With an IQR of RM 60.50 and MAD of RM 30, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.