Penang
Timur Laut
13
TAMAN TERUBONG INDAH (MAJESTIC HEIGHTS)

TAMAN TERUBONG INDAH (MAJESTIC HEIGHTS)

Area Intelligence

2024

Median Price

RM 300,000

PSF: RM 429

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Commercial PSF Trends

Median Price

RM 300,000

RM 429 PSF

TAMAN TERUBONG INDAH (MAJESTIC HEIGHTS) in Timur Laut, Penang recorded 1 subsale transactions in 2024, with a median price of RM 300K and a median price per square foot (PSF) of RM 429.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

For price per square foot, the median is RM 429, with most transactions between RM 429 and RM 429. The usual range is RM 341.50 to RM 516.50, showing that most units are priced quite close to each other. With an IQR of RM 175.00 and MAD of RM 0, 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. 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 TERUBONG INDAH (MAJESTIC HEIGHTS), Timur Laut, Penang

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