Penang
Timur Laut
13
TAMAN PAYA TERUBONG

TAMAN PAYA TERUBONG

Area Intelligence

2021

Median Price

RM 106,500

PSF: RM 198

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Residential PSF Trends

Median Price

RM 106,500

PSF: RM 198

TAMAN PAYA TERUBONG in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 107K and a median price per square foot (PSF) of RM 198.

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 107K, with most transactions falling within a stable range of RM 95K to RM 118K, and a typical market range of RM 95K to RM 118K.

Most transactions involved low-cost flat, with minimal variety in property types.

The median PSF stands at RM 198, with core pricing between RM 177 and RM 219. Market pricing typically extends from RM 134.00 to RM 262.00, reflecting moderate variation in unit pricing. With an IQR of RM 128.00 and MAD of RM 21, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PAYA TERUBONG, Timur Laut, Penang

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