TAMAN PEMIMPIN (LEADER GARDEN)

TAMAN PEMIMPIN (LEADER GARDEN) in Timur Laut, Penang recorded 14 subsale transactions in 2023, with a median price of RM 505K and a median price per square foot (PSF) of RM 446.

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 505K, with most transactions falling within a stable range of RM 410K to RM 769K, and a typical market range of RM 455K to RM 555K.

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

Price per square foot shows a median of RM 446, though individual units vary from RM 296 to RM 596 in the core range. The broader market spans RM 420.00 to RM 472.00, indicating diverse property characteristics. A wider spread (IQR: RM 52.00) and deviation (MAD: RM 150) 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.