SKYRIDGE GARDEN

SKYRIDGE GARDEN in Timur Laut, Penang recorded 40 subsale transactions in 2022, with a median price of RM 813K 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 813K, with most transactions falling within a stable range of RM 776K to RM 912K, and a typical market range of RM 787K to RM 840K.

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 574 and RM 684. 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 55 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.