Penang, Seberang Perai Utara, Butterworth

TAMAN TANJUNG JAYA

Area Intelligence

2023

Median Price

RM 162,000

PSF: RM 236

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Residential PSF Trends

Median Price

RM 162,000

PSF: RM 236

TAMAN TANJUNG JAYA in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2023, with a median price of RM 162K and a median price per square foot (PSF) of RM 236.

This area contains both residential and commercial properties. View 9 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 162K, with most transactions falling within a stable range of RM 136K to RM 173K, and a typical market range of RM 150K to RM 173K.

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

The median PSF stands at RM 236, with core pricing between RM 198 and RM 274. Market pricing typically extends from RM 218.00 to RM 254.00, reflecting moderate variation in unit pricing. The spread of RM 36.00 (IQR) and deviation of RM 38 (MAD) suggest moderate price variations reflecting different property features.

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 TANJUNG JAYA, Seberang Perai Utara, Penang

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Transactions

5 transactions grouped by size

Popular Ranges

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

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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

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Road	Price	Land PSF	Land	Date	Type

700 sqft

Flat

700 sqft

Flat

RM 150,000

Level 5

678 sqft · RM 221 PSF

Dec 2023

RM 173,000

Level 6

700 sqft · RM 247 PSF

Nov 2023

RM 165,000

Level 9

700 sqft · RM 236 PSF

Jul 2023

RM 162,000

Level 8

678 sqft · RM 239 PSF

Apr 2023

RM 100,000

Level 8

700 sqft · RM 143 PSF

Jan 2023

Level 5	RM 150,000	RM 221	678 sqft	Dec 2023
Level 6	RM 173,000	RM 247	700 sqft	Nov 2023
Level 9	RM 165,000	RM 236	700 sqft	Jul 2023
Level 8	RM 162,000	RM 239	678 sqft	Apr 2023
Level 8	RM 100,000	RM 143	700 sqft	Jan 2023