Tanjung Court
Lbh Thean Teik, Bandar Baru Air Itam, 11500 Ayer Itam, Pulau Pinang, Malaysia
Lbh Thean Teik, Bandar Baru Air Itam, 11500 Ayer Itam, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2021 | |||||
|
Level 1
|
RM 350,000
|
RM 452
|
775 sqft
|
|
Flat |
|
Level 1
|
RM 380,000
|
RM 490
|
775 sqft
|
|
Flat |
|
Level 4
|
RM 330,000
|
RM 426
|
775 sqft
|
|
Flat |
|
Level 2
|
RM 315,000
|
RM 401
|
786 sqft
|
|
Flat |
|
Level 5
|
RM 290,000
|
RM 369
|
786 sqft
|
|
Flat |
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Market Snapshot
ResidentialRM 330,000
RM 426 psfMedian transaction price
Tanjung Court, Lbh Thean Teik, Bandar Baru Air Itam, 11500 Ayer Itam, Pulau Pinang, Malaysia
MapsTanjung Court in Timur Laut, Penang recorded 5 subsale transactions in 2021, with a median price of RM 330K and a median price per square foot (PSF) of RM 426.
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 330K, with most transactions falling within a stable range of RM 299K to RM 361K, and a typical market range of RM 290K to RM 380K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM 426, with most transactions between RM 384 and RM 467. The usual range is RM 357.06 to RM 494.56, showing that most units are priced quite close to each other. With an IQR of RM 137.50 and MAD of RM 42, the PSF demonstrates reasonable consistency across the market.
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.