Area Intelligence

KONDO GEMBIRA

1 properties
2022
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Median Price
RM 550,000
PSF: RM 511

Residential Market

Median Price

RM 550,000

IQR: RM 35
MAD: RM 19
RM 511 PSF 12.1%

PSF Trends (2021-2025)

KONDO GEMBIRA in Timur Laut, Penang recorded 1 subsale transactions in 2022, with a median price of RM 550K and a median price per square foot (PSF) of RM 511.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 511, with most transactions between RM 511 and RM 511. The usual range is RM 493.38 to RM 528.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 35.25 and an average deviation (MAD) of RM 0 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. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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KONDO GEMBIRA, Timur Laut, Penang

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Transactions

1 properties grouped by size

1,100 sqft
1 units Condo/Apartment
RM 550,000
1,076 sqft · RM 511.00 PSF
Apr 2022