VISTA GAMBIER CONDO

VISTA GAMBIER CONDO in Timur Laut, Penang recorded 7 subsale transactions in 2023, with a median price of RM 710K and a median price per square foot (PSF) of RM 520.

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 710K, with most transactions falling within a stable range of RM 650K to RM 852K, and a typical market range of RM 650K to RM 866K.

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

The median PSF stands at RM 520, with core pricing between RM 432 and RM 608. Market pricing typically extends from RM 454.88 to RM 585.13, reflecting moderate variation in unit pricing. The spread of RM 130.25 (IQR) and deviation of RM 88 (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.