SKYRIDGE GARDEN

SKYRIDGE GARDEN in Timur Laut, Penang recorded 13 subsale transactions in 2024, with a median price of RM 905K and a median price per square foot (PSF) of RM 658.

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 905K, with most transactions falling within a stable range of RM 720K to RM 1.62 million, and a typical market range of RM 879K to RM 932K.

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

For price per square foot, the median is RM 658, with most transactions between RM 603 and RM 713. The usual range is RM 638.00 to RM 678.00, 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 55 indicate a highly stable PSF trend across properties.

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.