BandingHouse

Gardens Ville

Barat Daya, Penang · High-rise (condo, apartment, flat) · Freehold

Homes in Gardens Ville have sold for a median of

RM550,000

RM505 psf on the recorded floor area

RM519,000median RM550,000RM592,500

Half of the 47 recorded sales fell between RM519,000 and RM592,500. One in ten went under RM498,600, one in ten over RM670,000. Sales run from 28 April 2021 to 4 October 2025.

Up 11% from a RM532,000 median in 2021 to RM588,000 in 2024.

These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What high-rise (condo, apartment, flat) sell for across Penang, beside what ads ask.

How to read this page

The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.

What kind of home, and what title

The land office groups these sales as high-rise (condo, apartment, flat) under a Freehold title. High-rise parcels are usually strata: you own the parcel plus a share of the common parts, and price per square foot is how buyers compare units of different sizes. Monthly charges and the sinking fund sit on top of the purchase price — see maintenance fee and sinking fund.

Year by year

YearMedian soldPer sq ftSales
2021RM532,000RM462 psf9
2022RM540,000RM496 psf21
2023RM560,000RM523 psf11
2024RM588,000RM531 psf5
2025RM715,000RM645 psf1

A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.

Nearby, and where this one sits

Other high-rise (condo, apartment, flat) schemes in Barat Daya with enough recorded sales, cheapest first. By median sold price, Gardens Ville sits 46 of 64 in that set.

Against Penang

Across Penang, the median recorded sale for high-rise (condo, apartment, flat) is RM300,000 (RM391 psf), from 5,184 sales. Gardens Ville’s own median is RM550,000 — higher than that state median. Full Penang table.

Cash and monthly on the RM550,000 median

Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.

Cash at offer

  • Down payment (10%): RM55,000
  • Transfer duty (MOT): RM10,500
  • Loan duty (0.5%): RM2,475
  • Total cash: RM67,975

Monthly carry

  • Instalment (35y @ 4.00%): RM2,192
  • Total monthly: RM2,192

4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote

Adjust these numbers

Questions this record answers

What have homes in Gardens Ville sold for?
A median of RM550,000 (RM505 psf), from 47 land-office transactions between 28 April 2021 and 4 October 2025.
What is a typical band here?
Half of recorded sales fell between RM519,000 and RM592,500. One in ten went under RM498,600; one in ten over RM670,000.
Has the median moved?
From RM532,000 in 2021 to RM588,000 in 2024 (+11%), using only years with five or more sales.

Read next

From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.