TAMAN GAMBIER/GAMBIER HEIGHTS

TAMAN GAMBIER/GAMBIER HEIGHTS in Timur Laut, Penang recorded 14 subsale transactions in 2024, with a median price of RM 330K and a median price per square foot (PSF) of RM 465.

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 330K, with most transactions falling within a stable range of RM 239K to RM 420K, and a typical market range of RM 308K to RM 352K.

Most transactions involved flats, though some variety exists in the market.

The median PSF stands at RM 465, with core pricing between RM 385 and RM 544. Market pricing typically extends from RM 433.75 to RM 495.25, reflecting moderate variation in unit pricing. The spread of RM 61.50 (IQR) and deviation of RM 80 (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. Limited transaction history suggests carefully evaluating comparable sales data.