STRAITS GARDEN (PLOT A)

STRAITS GARDEN (PLOT A) in Timur Laut, Penang recorded 10 subsale transactions in 2023, with a median price of RM 415K and a median price per square foot (PSF) of RM 660.

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 415K, with most transactions falling within a stable range of RM 378K to RM 532K, and a typical market range of RM 378K to RM 564K.

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

The median PSF stands at RM 660, with core pricing between RM 538 and RM 781. Market pricing typically extends from RM 510.00 to RM 809.00, reflecting moderate variation in unit pricing. The spread of RM 299.00 (IQR) and deviation of RM 121 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.