VISTA GAMBIER CONDO

VISTA GAMBIER CONDO in Timur Laut, Penang recorded 3 subsale transactions in 2021, with a median price of RM 690K and a median price per square foot (PSF) of RM 458.

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 690K, with most transactions falling within a stable range of RM 570K to RM 954K, and a typical market range of RM 570K to RM 846K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 458, with most transactions between RM 435 and RM 481. The usual range is RM 392.88 to RM 523.13, showing that most units are priced quite close to each other. With an IQR of RM 130.25 and MAD of RM 23, the PSF demonstrates reasonable consistency across the market.

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.