Area Intelligence

G.L GARDEN

7 properties
2023
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Median Price
RM 340,000
PSF: RM 479

Residential Market

Median Price

RM 340,000

IQR: RM 81
MAD: RM 43
RM 479 PSF 4.3%

PSF Trends (2021-2025)

G.L GARDEN in Timur Laut, Penang recorded 7 subsale transactions in 2023, with a median price of RM 340K and a median price per square foot (PSF) of RM 479.

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 340K, with most transactions falling within a stable range of RM 310K to RM 370K, and a typical market range of RM 313K to RM 367K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 479, with most transactions between RM 437 and RM 521. The usual range is RM 438.75 to RM 519.25, showing that most units are priced quite close to each other. With an IQR of RM 80.50 and MAD of RM 42, 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.

Area Location

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G.L GARDEN, Timur Laut, Penang

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Transactions

7 properties found

Flat
RM 370,000
710 sqft Dec 2023
RM 521.00 PSF
Flat
RM 340,000
710 sqft Dec 2023
RM 479.00 PSF
Flat
RM 285,000
700 sqft Aug 2023
RM 407.00 PSF
Flat
RM 348,000
710 sqft Aug 2023
RM 490.00 PSF
Flat
RM 325,000
710 sqft May 2023
RM 457.00 PSF
Flat
RM 300,000
710 sqft Apr 2023
RM 422.00 PSF
Flat
RM 370,000
710 sqft Jan 2023
RM 521.00 PSF