Area Intelligence

RESERVOIR GARDEN

2 properties
Double Storey Terraced
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Median Price
RM 880,000
PSF: RM 456

Residential Market

Median Price

RM 880,000

IQR: RM 124
MAD: RM 72
RM 456 PSF 5.0%

PSF Trends (2021-2025)

RESERVOIR GARDEN in Timur Laut, Penang recorded 2 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 880K and a median price per square foot (PSF) of RM 456.

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 880K, with most transactions falling within a stable range of RM 760K to RM 1.00 million, and a typical market range of RM 760K to RM 1.00 million.

Within the Double Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 456, with most transactions between RM 417 and RM 495. The usual range is RM 392.38 to RM 519.63, showing that most units are priced quite close to each other. With an IQR of RM 127.25 and MAD of RM 39, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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RESERVOIR GARDEN, Timur Laut, Penang

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Transactions

2 properties grouped by size

1,550 sqft
1 units Double Storey Terraced
RM 760,000
RESERVOIR 2ND AVENUE
1,534 sqft · RM 495.00 PSF
Dec 2021
2,400 sqft
1 units Double Storey Terraced
RM 1,000,000
RESERVOIR CRESCENT
2,400 sqft · RM 417.00 PSF
Aug 2022