RESERVOIR GARDEN

RESERVOIR GARDEN in Timur Laut, Penang recorded 5 subsale transactions in 2024, with a median price of RM 825K and a median price per square foot (PSF) of RM 424.

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 825K, with most transactions falling within a stable range of RM 630K to RM 1.02 million, and a typical market range of RM 694K to RM 956K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 424, though individual units vary from RM 325 to RM 523 in the core range. The broader market spans RM 360.38 to RM 487.63, indicating diverse property characteristics. The spread of RM 127.25 (IQR) and deviation of RM 99 (MAD) suggest moderate price variations reflecting different property features.

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.