TAMAN LAU GEOK SWEE

TAMAN LAU GEOK SWEE in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM 950K and a median price per square foot (PSF) of RM 514.

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 950K, with most transactions falling within a stable range of RM 700K to RM 1.20 million, and a typical market range of RM 933K to RM 967K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM 514, with most transactions between RM 481 and RM 546. The usual range is RM 442.00 to RM 585.00, showing that most units are priced quite close to each other. With an IQR of RM 143.00 and MAD of RM 33, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.