Minden Gardens Residence in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM1.44 million and a median price per square foot (PSF) of RM647.

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 RM1.44 million, with most transactions falling within a stable range of RM1.42 million to RM1.45 million, and a typical market range of RM1.42 million to RM1.45 million.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM647, with most transactions between RM640 and RM654. The usual range is RM433.78 to RM860.54, showing that most units are priced quite close to each other. With an IQR of RM426.75 and MAD of RM7, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.