Area Intelligence

TAMAN KUALA SG PINANG

4 properties
2023
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Median Price
RM 267,500
PSF: RM 103

Residential Market

Median Price

RM 267,500

IQR: RM 60
MAD: RM 29
RM 103 PSF 1.2%

PSF Trends (2021-2025)

TAMAN KUALA SG PINANG in Barat Daya, Penang recorded 4 subsale transactions in 2023, with a median price of RM 268K and a median price per square foot (PSF) of RM 103.

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 268K, with most transactions falling within a stable range of RM 212K to RM 310K, and a typical market range of RM 227K to RM 308K.

Most transactions involved low-cost house, though some variety exists in the market.

Price per square foot shows a median of RM 103, though individual units vary from RM 66 to RM 139 in the core range. The broader market spans RM 72.50 to RM 132.50, indicating diverse property characteristics. A wider spread (IQR: RM 60.00) and deviation (MAD: RM 37) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN KUALA SG PINANG, Barat Daya, Penang

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Transactions

4 properties grouped by size

2,100 sqft
2 units Low-Cost House
RM 310,000
LINTANG NELAYAN 6
2,099 sqft · RM 148.00 PSF
Aug 2023
RM 265,000
LINTANG NELAYAN 4
2,099 sqft · RM 126.00 PSF
Jan 2023
2,850 sqft
1 units Low-Cost House
RM 160,000
SOLOK NELAYAN 1
2,874 sqft · RM 56.00 PSF
Oct 2023
3,450 sqft
1 units Detached
RM 270,000
SOLOK NELAYAN 10
3,434 sqft · RM 79.00 PSF
Apr 2023

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