GARDENS VILLE

GARDENS VILLE in Barat Daya, Penang recorded 11 subsale transactions in 2023, with a median price of RM 560K and a median price per square foot (PSF) of RM 524.

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 560K, with most transactions falling within a stable range of RM 510K to RM 610K, and a typical market range of RM 525K to RM 595K.

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

The median PSF stands at RM 524, with core pricing between RM 430 and RM 618. Market pricing typically extends from RM 492.50 to RM 555.50, reflecting moderate variation in unit pricing. The spread of RM 63.00 (IQR) and deviation of RM 94 (MAD) suggest moderate price variations reflecting different property features.

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.