TAMAN TERUBONG JAYA

TAMAN TERUBONG JAYA in Timur Laut, Penang recorded 25 subsale transactions in 2024, with a median price of RM 165K and a median price per square foot (PSF) of RM 290.

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 165K, with most transactions falling within a stable range of RM 115K to RM 215K, and a typical market range of RM 105K to RM 225K.

Most transactions involved low-cost flat, though some variety exists in the market.

The median PSF stands at RM 290, with core pricing between RM 248 and RM 332. Market pricing typically extends from RM 250.25 to RM 329.75, reflecting moderate variation in unit pricing. With an IQR of RM 79.50 and MAD of RM 42, 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. Moderate transaction volume may require patience when buying or selling.