TAMAN PAYA TERUBONG

Area Intelligence
2024
Median Price
RM 160,000
PSF: RM 293

Residential PSF Trends

Median Price

RM 160,000

PSF: RM 293

TAMAN PAYA TERUBONG in Timur Laut, Penang recorded 9 subsale transactions in 2024, with a median price of RM 160K and a median price per square foot (PSF) of RM 293.

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 160K, with most transactions falling within a stable range of RM 120K to RM 200K, and a typical market range of RM 126K to RM 195K.

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

Price per square foot shows a median of RM 293, though individual units vary from RM 225 to RM 361 in the core range. The broader market spans RM 229.00 to RM 357.00, indicating diverse property characteristics. The spread of RM 128.00 (IQR) and deviation of RM 68 (MAD) suggest moderate price variations reflecting different property features.

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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Transactions

9 transactions grouped by size

500 sqft
Low-Cost Flat
RM 160,000
Level 1
484 sqft · RM 330 PSF
550 sqft
Low-Cost Flat
RM 118,000
Level 4
538 sqft · RM 219 PSF
RM 135,000
Level 7
538 sqft · RM 251 PSF
RM 164,000
Level 12
538 sqft · RM 305 PSF
RM 116,000
Level 13
538 sqft · RM 216 PSF
RM 190,000
Level 1
538 sqft · RM 353 PSF
600 sqft
Low-Cost Flat
RM 180,000
Level 5
614 sqft · RM 293 PSF
700 sqft
Low-Cost Flat
RM 86,000
Level 8
678 sqft · RM 127 PSF
RM 220,000
Level 7
678 sqft · RM 324 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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