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 155K to RM 205K, and a typical market range of RM 158K to RM 202K.
Most transactions involved flats, though some variety exists in the market.
The median PSF stands at RM 261, with core pricing between RM 225 and RM 297. Market pricing typically extends from RM 229.25 to RM 292.75, reflecting moderate variation in unit pricing. With an IQR of RM 63.50 and MAD of RM 36, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.