TAMAN BUKIT GAMBIER (LMC)

TAMAN BUKIT GAMBIER (LMC) in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM 148K 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 148K, with most transactions falling within a stable range of RM 125K to RM 170K, and a typical market range of RM 140K to RM 155K.

Most transactions involved low-cost flat, with minimal variety in property types.

The median PSF stands at RM 312, with core pricing between RM 264 and RM 359. Market pricing typically extends from RM 295.50 to RM 327.50, reflecting moderate variation in unit pricing. The spread of RM 32.00 (IQR) and deviation of RM 48 (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.