SKYRIDGE GARDEN

SKYRIDGE GARDEN in Timur Laut, Penang recorded 52 subsale transactions in 2021, with a median price of RM 812K and a median price per square foot (PSF) of RM 629.

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 812K, with most transactions falling within a stable range of RM 774K to RM 882K, and a typical market range of RM 786K to RM 839K.

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

For price per square foot, the median is RM 629, with most transactions between RM 605 and RM 653. The usual range is RM 609.00 to RM 649.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 40.00 and an average deviation (MAD) of RM 24 indicate a highly stable PSF trend across properties.

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. Moderate transaction volume may require patience when buying or selling.