TAMAN TERUBONG INDAH (MAJESTIC HEIGHTS)

TAMAN TERUBONG INDAH (MAJESTIC HEIGHTS) in Timur Laut, Penang recorded 2 subsale transactions in 2024, with a median price of RM 500K and a median price per square foot (PSF) of RM 488.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

For price per square foot, the median is RM 488, with most transactions between RM 488 and RM 488. The usual range is RM 400.00 to RM 575.00, showing that most units are priced quite close to each other. With an IQR of RM 175.00 and MAD of RM 0, 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.