TANJONG COURT

TANJONG COURT in Timur Laut, Penang recorded 16 subsale transactions in 2023, with a median price of RM 283K and a median price per square foot (PSF) of RM 362.

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 283K, with most transactions falling within a stable range of RM 233K to RM 333K, and a typical market range of RM 233K to RM 333K.

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

The median PSF stands at RM 362, with core pricing between RM 302 and RM 422. Market pricing typically extends from RM 297.25 to RM 426.75, reflecting moderate variation in unit pricing. The spread of RM 129.50 (IQR) and deviation of RM 60 (MAD) suggest moderate price variations reflecting different property features.

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.