Area Intelligence

MINDEN GARDENS RESIDENCE

6 properties
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Median Price
RM 1,515,000
PSF: RM 751

Residential Market

Median Price

RM 1,515,000

IQR: RM 358
MAD: RM 224
RM 751 PSF 40.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

MINDEN GARDENS RESIDENCE in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 1.52 million and a median price per square foot (PSF) of RM 751.

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 1.52 million, with most transactions falling within a stable range of RM 1.44 million to RM 1.60 million, and a typical market range of RM 1.44 million to RM 1.59 million.

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

Price per square foot shows a median of RM 751, though individual units vary from RM 527 to RM 974 in the core range. The broader market spans RM 571.75 to RM 929.25, indicating diverse property characteristics. A wider spread (IQR: RM 357.50) and deviation (MAD: RM 224) indicate significant PSF variations, likely due to diverse property types or conditions.

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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MINDEN GARDENS RESIDENCE, Timur Laut, Penang

OSM

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Transactions

6 properties grouped by size

1,300 sqft
2 units Double Storey Terraced
RM 1,580,000
SOLOK MINDEN 2
1,298 sqft · RM 1,217.00 PSF
Apr 2023
RM 1,450,000
SOLOK MINDEN 2
1,302 sqft · RM 1,113.00 PSF
Jan 2022
1,800 sqft
1 units Double Storey Terraced
RM 1,420,000
SOLOK MINDEN 1
1,787 sqft · RM 795.00 PSF
Jan 2022
2,250 sqft
1 units Double Storey Terraced
RM 1,580,000
SOLOK MINDEN 1
2,239 sqft · RM 706.00 PSF
Oct 2021
3,150 sqft
1 units Double Storey Semi-D
RM 2,100,000
SOLOK MINDEN 2
3,154 sqft · RM 666.00 PSF
Jan 2023
4,000 sqft
1 units Double Storey Terraced
RM 1,000,000
SOLOK MINDEN 2
4,015 sqft · RM 249.00 PSF
Dec 2021