The Straits Regency
2, Persiaran Tanjong Bungah 3, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
2, Persiaran Tanjong Bungah 3, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 16
|
RM620,000
|
RM403
|
1,539 sqft
|
|
|
|
Level 7
|
RM715,000
|
RM465
|
1,539 sqft
|
|
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PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 17
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2, Persiaran Tanjong Bungah 3, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
MapsThe Straits Regency in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM683K and a median price per square foot (PSF) of RM441.
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 RM683K, with most transactions falling within a stable range of RM638K to RM728K, and a typical market range of RM643K to RM722K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM441, with most transactions between RM416 and RM465. The usual range is RM417.32 to RM464.07, showing that most units are priced quite close to each other. A typical spread (IQR) of RM46.75 and an average deviation (MAD) of RM25 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.