Area Intelligence

G.L GARDEN

2 properties
2022
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Median Price
RM 314,000
PSF: RM 446

Residential Market

Median Price

RM 314,000

IQR: RM 81
MAD: RM 43
RM 446 PSF 4.3%

PSF Trends (2021-2025)

G.L GARDEN in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM 314K and a median price per square foot (PSF) of RM 446.

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 314K, with most transactions falling within a stable range of RM 288K to RM 340K, and a typical market range of RM 288K to RM 340K.

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

For price per square foot, the median is RM 446, with most transactions between RM 405 and RM 486. The usual range is RM 405.25 to RM 485.75, showing that most units are priced quite close to each other. With an IQR of RM 80.50 and MAD of RM 41, 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

2 properties grouped by size

700 sqft
2 units Flat
RM 340,000
700 sqft · RM 486.00 PSF
Sep 2022
RM 288,000
710 sqft · RM 405.00 PSF
Aug 2022