TAMAN PEMIMPIN (LEADER GARDEN)

TAMAN PEMIMPIN (LEADER GARDEN) in Timur Laut, Penang recorded 5 subsale transactions in 2022, with a median price of RM 480K and a median price per square foot (PSF) of RM 413.

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 480K, with most transactions falling within a stable range of RM 428K to RM 670K, and a typical market range of RM 430K to RM 530K.

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

Price per square foot shows a median of RM 413, though individual units vary from RM 308 to RM 518 in the core range. The broader market spans RM 387.00 to RM 439.00, indicating diverse property characteristics. A wider spread (IQR: RM 52.00) and deviation (MAD: RM 105) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.