TANJONG COURT

TANJONG COURT in Timur Laut, Penang recorded 12 subsale transactions in 2024, with a median price of RM 317K and a median price per square foot (PSF) of RM 409.

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 317K, with most transactions falling within a stable range of RM 267K to RM 367K, and a typical market range of RM 267K to RM 367K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM 409, with core pricing between RM 349 and RM 469. Market pricing typically extends from RM 344.25 to RM 473.75, reflecting moderate variation in unit pricing. With an IQR of RM 129.50 and MAD of RM 60, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.