GARDENS VILLE

GARDENS VILLE in Barat Daya, Penang recorded 21 subsale transactions in 2022, with a median price of RM 540K and a median price per square foot (PSF) of RM 496.

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 540K, with most transactions falling within a stable range of RM 495K to RM 735K, and a typical market range of RM 505K to RM 575K.

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

The median PSF stands at RM 496, with core pricing between RM 406 and RM 586. Market pricing typically extends from RM 464.50 to RM 527.50, reflecting moderate variation in unit pricing. The spread of RM 63.00 (IQR) and deviation of RM 90 (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. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.