TAMAN BUNGA TANJUNG

Area Intelligence

2023

Median Price

RM 180,000

PSF: RM 261

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Residential PSF Trends

Median Price

RM 180,000

PSF: RM 261

TAMAN BUNGA TANJUNG in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2023, with a median price of RM 180K and a median price per square foot (PSF) of RM 261.

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 180K, with most transactions falling within a stable range of RM 96K to RM 320K, and a typical market range of RM 158K to RM 202K.

Most transactions involved flats, though some variety exists in the market.

Price per square foot shows a median of RM 261, though individual units vary from RM 168 to RM 354 in the core range. The broader market spans RM 229.25 to RM 292.75, indicating diverse property characteristics. A wider spread (IQR: RM 63.50) and deviation (MAD: RM 93) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BUNGA TANJUNG, Seberang Perai Utara, Penang

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Transactions

5 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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RM 500,000

JALAN BUNGA TANJUNG 1

1,340 sqft • RM 373.00 PSF

Dec 2023

RM 300,000

Level 7

689 sqft • RM 435.00 PSF

Aug 2023

RM 180,000

Level 9

689 sqft • RM 261.00 PSF

Jun 2023

RM 180,000

Level 6

689 sqft • RM 261.00 PSF

May 2023

RM 96,000

Level 4

560 sqft • RM 172.00 PSF

Feb 2023

Road	Price	Land PSF	Land	Date	Type
JALAN BUNGA TANJUNG 1	RM 500,000	RM 373.00	1,340 sqft	Dec 2023	Double Storey Terraced
Level 7	RM 300,000	RM 435.00	689 sqft	Aug 2023	Flat
Level 9	RM 180,000	RM 261.00	689 sqft	Jun 2023	Flat
Level 6	RM 180,000	RM 261.00	689 sqft	May 2023	Flat
Level 4	RM 96,000	RM 172.00	560 sqft	Feb 2023	Low-Cost Flat