GARDENS VILLE

GARDENS VILLE in Barat Daya, Penang recorded 8 subsale transactions in 2021, with a median price of RM 534K and a median price per square foot (PSF) of RM 470.

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 534K, with most transactions falling within a stable range of RM 508K to RM 559K, and a typical market range of RM 499K to RM 568K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 470, with most transactions between RM 444 and RM 496. The usual range is RM 438.50 to RM 501.50, showing that most units are priced quite close to each other. With an IQR of RM 63.00 and MAD of RM 26, 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.