SKYRIDGE GARDEN

SKYRIDGE GARDEN in Timur Laut, Penang recorded 29 subsale transactions in 2023, with a median price of RM 816K and a median price per square foot (PSF) of RM 630.

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 816K, with most transactions falling within a stable range of RM 709K to RM 923K, and a typical market range of RM 790K to RM 843K.

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

For price per square foot, the median is RM 630, with most transactions between RM 589 and RM 671. The usual range is RM 610.00 to RM 650.00, 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 41 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.