TAMAN TERUBONG JAYA in Timur Laut, Penang recorded 120 subsale transactions between 2021 and 2025, with a median price of RM 150K and a median price per square foot (PSF) of RM 255.
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 150K, with most transactions falling within a stable range of RM 84K to RM 216K, and a typical market range of RM 90K to RM 210K.
Most transactions involved low-cost flat, though some variety exists in the market.
Price per square foot shows a median of RM 255, though individual units vary from RM 195 to RM 315 in the core range. The broader market spans RM 215.25 to RM 294.75, indicating diverse property characteristics. The spread of RM 79.50 (IQR) and deviation of RM 60 (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. Steady transaction activity supports reliable market pricing.