TAMAN BUNGA TANJUNG

Area Intelligence

2024

Median Price

RM 185,000

PSF: RM 269

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Residential PSF Trends

Median Price

RM 185,000

PSF: RM 269

TAMAN BUNGA TANJUNG in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2024, with a median price of RM 185K and a median price per square foot (PSF) of RM 269.

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 185K, with most transactions falling within a stable range of RM 160K to RM 210K, and a typical market range of RM 163K to RM 207K.

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

The median PSF stands at RM 269, with core pricing between RM 233 and RM 305. Market pricing typically extends from RM 236.75 to RM 300.25, 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.

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TAMAN BUNGA TANJUNG, Seberang Perai Utara, Penang

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