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.

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

For price per square foot, the median is RM 261, with most transactions between RM 261 and RM 261. The usual range is RM 229.25 to RM 292.75, showing that most units are priced quite close to each other. With an IQR of RM 63.50 and MAD of RM 0, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BUNGA TANJUNG, Seberang Perai Utara, Penang

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