BUKIT GAMBIER

Penang, Malaysia

19
Properties within neighbourhood
3
Convenience Store
0
Shopping Malls
3
Supermarkets & Markets
0
Public Transport
0
Educations
2
Places of Worship
0
Medicals
0
Banks
0
Petrol Station

low

Crime Level

Tun Dr Lim Chong Eu Expressway

Highways

Quin, G'Mansion, Vona Sky Condominium, Nadayu 290, Arte S, Nadayu 290

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Transacted Prices

This is a representation of historical transaction prices within the neighbourhood, categorised by non-landed (condominium, serviced apartment, apartment), landed (townhouse, terrace, bungalow, semi-detached, house) and commercial (office, shop).

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Transacted Prices will give you an idea of the neighbourhood’s property price trend.

Analysis & Comparison

Analysis and comparison of average transaction, for sale and for rent prices for landed, non-landed and commercial properties within Bukit Gambier *

* To provide you the most accurate information some columns may appear as ‘Insufficient Data’ due to insufficient transactions in the area

Non-Landed Landed Commercial
Avg Transacted Price
Avg Transacted Price(Psf)
Avg For Sale Listing Price
Avg For Sale Listing Price(Psf)
Avg For Rent Listing Price
Avg For Rent Listing Price(Psf)

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Bukit Gambier is one of the districts of Penang, located on the island itself almost after the bridge. It is alternatively known as Bukit Gambir, and neighbours Bukit Jambul on its south, Gelugor to its east and Jelutong to the north. This township is considered to be one of the newer districts in town, and extends from the Island Glades all the way to Sungai Nibong Kecil.

Established in the early 2000s, Bukit Gambier is known primarily for its residential neighbourhoods, which are desirable for being situated on elevated land. Many of the high rises here boast views of either the mountains or the seas of Penang. Some of the newer developments in this township are Nadayu 290, Sunway Bukit Gambier and Arte S.

Bukit Gambier is served by the public busses Rapid Penang 301 and 302, which travels along the main trunk road of Bukit Gambier - Jalan Bukit Gambir which connects to Jalan Tun Dr Awang, Jalan Yap Chor Ee and Jalan Sultan Azlan Shah. The Penang Bridge is approximately only 10 minutes away, and the Penang Mainland is 35 minutes away in clear traffic.

Some of the major economic factors of Bukit Gambier is the University of Science of Malaysia (USM), which the university campus itself takes up a large parcel of land. Residents of Bukit Gambier enjoy their very own neighbourhood hypermarket - Tesco Extra.

With Penang being a tourist attraction in itself, Bukit Gambier has its fair share of attractions. There is the Bukit Gambir Waterfall located behind the Mutiara Indah Apartment. This waterfall has many local visitors, but is fenced off to prevent children from getting into accidents. The waterfall is about 25 metres high in height, and is said to keep the apartment’s car park wet.

The other tourist attraction in Bukit Gambier attracts many more tourists. It is the Nan Tien Gong temple, a temple that is dedicated to Tua Pek Kong, the Taoist god of prosperity. While this temple is not as famous as some of the other temples in Penang, it nevertheless draws a steady crowd.

Living in Bukit Gambier will indeed provide residents a convenient lifestyle, as it is a fully self-sufficient township.

Consumer Price Index

This is a representation of Penang Consumer Price Index (CPI) for the year of 2011 - 2015

Did you know?

A consumer price index (CPI) measures changes in the price level of a market basket of consumer goods and services purchased by households. (Wikipedia)

The Consumer Price Index (CPI) line shows an increment in prices of essential goods on a yearly basis, while the Percentage Changes line shows the level of changes in price increments over the years. For example, a dip in the CPI line may indicate a low level of price increment as compared to the previous year while a surge in CPI line shows a high level of price increment as compared to the previous year.

The above graph shows 1.742% of price changes in essential goods such as rice, meat and tobacco between the years 2011 and 2012, while increasing in difference to 2.093% in 2013. Prices of essential goods then increasing to 3.169% in the year 2014 while surging by 2.529% in 2015.

While the prices of essential goods have shown a variation in the Percentage Changes, the Consumer Price Index (CPI) on the other hand indicates a reality of ever increasing prices in essential goods with increments between the years 2011 - 2015 at 102.7 in 2011, 105.1 in 2012, 107.3 in 2013, 110.7 in 2014, 113.5 in 2015.

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