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 84K to RM 248K, and a typical market range of RM 105K to RM 225K.

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

Price per square foot shows a median of RM 290, though individual units vary from RM 215 to RM 365 in the core range. The broader market spans RM 248.50 to RM 331.50, indicating diverse property characteristics. A wider spread (IQR: RM 83.00) and deviation (MAD: RM 75) indicate significant PSF variations, likely due to diverse property types or conditions.

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.