CHEE SENG GARDEN

CHEE SENG GARDEN in Timur Laut, Penang recorded 3 subsale transactions in 2024, with a median price of RM 1.48 million and a median price per square foot (PSF) of RM 456.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.48 million, with most transactions falling within a stable range of RM 1.21 million to RM 1.59 million, and a typical market range of RM 1.22 million to RM 1.59 million.

Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.

The median PSF stands at RM 456, with core pricing between RM 375 and RM 537. Market pricing typically extends from RM 379.50 to RM 532.50, reflecting moderate variation in unit pricing. The spread of RM 153.00 (IQR) and deviation of RM 81 (MAD) suggest moderate price variations reflecting different property features.

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.