Penang
Timur Laut
13
TAMAN PAYA TERUBONG

TAMAN PAYA TERUBONG

Area Intelligence

2023

Median Price

RM 103,500

PSF: RM 193

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Residential PSF Trends

Median Price

RM 103,500

PSF: RM 193

TAMAN PAYA TERUBONG in Timur Laut, Penang recorded 8 subsale transactions in 2023, with a median price of RM 104K and a median price per square foot (PSF) of RM 193.

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 104K, with most transactions falling within a stable range of RM 82K to RM 128K, and a typical market range of RM 82K to RM 138K.

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

Price per square foot shows a median of RM 193, though individual units vary from RM 141 to RM 244 in the core range. The broader market spans RM 128.50 to RM 256.50, indicating diverse property characteristics. A wider spread (IQR: RM 128.00) and deviation (MAD: RM 51) 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. 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

OSM

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Transactions

8 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

550 sqft

Low-Cost Flat

550 sqft

Low-Cost Flat

RM 112,000

Level 4

538 sqft · RM 208 PSF

Oct 2023

RM 95,000

Level 12

538 sqft · RM 177 PSF

Jul 2023

RM 90,000

Level 10

538 sqft · RM 167 PSF

Jun 2023

RM 120,000

Level 3

538 sqft · RM 223 PSF

May 2023

RM 120,000

Level 1

538 sqft · RM 223 PSF

Jan 2023

RM 165,000

Level 10

538 sqft · RM 307 PSF

Jan 2023

Level 4	RM 112,000	RM 208	538 sqft	Oct 2023
Level 12	RM 95,000	RM 177	538 sqft	Jul 2023
Level 10	RM 90,000	RM 167	538 sqft	Jun 2023
Level 3	RM 120,000	RM 223	538 sqft	May 2023
Level 1	RM 120,000	RM 223	538 sqft	Jan 2023
Level 10	RM 165,000	RM 307	538 sqft	Jan 2023