TAMAN BUNGA TANJUNG

Area Intelligence
2023
Median Price
RM 193,000
PSF: RM 280

Residential PSF Trends

Median Price

RM 193,000

PSF: RM 280

TAMAN BUNGA TANJUNG in Seberang Perai Utara, Penang recorded 0 subsale transactions in 2023, with a median price of RM 193K and a median price per square foot (PSF) of RM 280.

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 193K, with most transactions falling within a stable range of RM 168K to RM 218K, and a typical market range of RM 171K to RM 215K.

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

The median PSF stands at RM 280, with core pricing between RM 244 and RM 316. Market pricing typically extends from RM 248.25 to RM 311.75, 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.

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TAMAN BUNGA TANJUNG, Seberang Perai Utara, Penang

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