Area Intelligence

TAMAN TELUK

3 properties
2024
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Median Price
RM 200,000
PSF: RM 320

Residential Market

Median Price

RM 200,000

IQR: RM 53
MAD: RM 22
RM 320 PSF 4.2%

PSF Trends (2021-2025)

TAMAN TELUK in Barat Daya, Penang recorded 3 subsale transactions in 2024, with a median price of RM 200K and a median price per square foot (PSF) of RM 320.

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 200K, with most transactions falling within a stable range of RM 188K to RM 210K, and a typical market range of RM 189K to RM 210K.

Most transactions involved low-cost flat, with minimal variety in property types.

For price per square foot, the median is RM 320, with most transactions between RM 288 and RM 352. The usual range is RM 293.75 to RM 346.25, showing that most units are priced quite close to each other. With an IQR of RM 52.50 and MAD of RM 32, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN TELUK, Barat Daya, Penang

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Transactions

3 properties found

Low-Cost Flat
RM 200,000
700 sqft Sep 2024
RM 286.00 PSF
Low-Cost Flat
RM 180,000
495 sqft Aug 2024
RM 364.00 PSF
Low-Cost Flat
RM 210,000
657 sqft Mar 2024
RM 320.00 PSF