Area Intelligence

GARDENS VILLE

11 properties
2023
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Median Price
RM 560,000
PSF: RM 524

Residential Market

Median Price

RM 560,000

IQR: RM 63
MAD: RM 36
RM 524 PSF 4.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

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.

Area Location

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GARDENS VILLE, Barat Daya, Penang

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Transactions

11 properties grouped by size

850 sqft
1 units Condo/Apartment
RM 690,000
840 sqft · RM 822.00 PSF
May 2023
1,000 sqft
3 units Condo/Apartment
RM 550,000
980 sqft · RM 561.00 PSF
Sep 2023
RM 580,000
980 sqft · RM 592.00 PSF
May 2023
RM 513,000
980 sqft · RM 524.00 PSF
May 2023
1,100 sqft
7 units Condo/Apartment
RM 560,000
1,109 sqft · RM 505.00 PSF
Oct 2023
RM 480,000
1,087 sqft · RM 442.00 PSF
Sep 2023
RM 598,000
1,109 sqft · RM 539.00 PSF
Jul 2023
RM 540,000
1,087 sqft · RM 497.00 PSF
Jun 2023
RM 570,000
1,109 sqft · RM 514.00 PSF
Jun 2023
RM 580,000
1,087 sqft · RM 534.00 PSF
May 2023
RM 560,000
1,109 sqft · RM 505.00 PSF
Feb 2023