STRAITS GARDEN (PLOT A)

STRAITS GARDEN (PLOT A) in Timur Laut, Penang recorded 3 subsale transactions in 2021, with a median price of RM 490K and a median price per square foot (PSF) of RM 491.

This area contains both residential and commercial properties. View 23 residential properties or 9 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 490K, with most transactions falling within a stable range of RM 442K to RM 500K, and a typical market range of RM 393K to RM 500K.

Most transactions involved condominium/apartment, though some variety exists in the market.

Price per square foot shows a median of RM 491, though individual units vary from RM 256 to RM 726 in the core range. The broader market spans RM 341.50 to RM 640.50, indicating diverse property characteristics. A wider spread (IQR: RM 299.00) and deviation (MAD: RM 235) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.