AMBAY GARDEN

AMBAY GARDEN in Seberang Perai Selatan, Penang recorded 9 subsale transactions in 2022, with a median price of RM 642K and a median price per square foot (PSF) of RM 312.

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 642K, with most transactions falling within a stable range of RM 553K to RM 731K, and a typical market range of RM 565K to RM 719K.

Most transactions involved 2 - 2 1/2 storey semi-detached, though some variety exists in the market.

The median PSF stands at RM 312, with core pricing between RM 251 and RM 373. Market pricing typically extends from RM 250.25 to RM 373.75, reflecting moderate variation in unit pricing. The spread of RM 123.50 (IQR) and deviation of RM 61 (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.