U-GARDEN

U-GARDEN in Timur Laut, Penang recorded 14 subsale transactions in 2023, with a median price of RM 343K and a median price per square foot (PSF) of RM 483.

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 343K, with most transactions falling within a stable range of RM 254K to RM 425K, and a typical market range of RM 270K to RM 415K.

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

Price per square foot shows a median of RM 483, though individual units vary from RM 383 to RM 582 in the core range. The broader market spans RM 416.75 to RM 548.25, indicating diverse property characteristics. The spread of RM 131.50 (IQR) and deviation of RM 99 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.