The Straits Regency

2, Persiaran Tanjong Bungah 3, 11200 Tanjung Bungah, Pulau Pinang, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM 682,500
PSF
RM 441
1,550 sqft
Condo
RM 620,000
Level 16
1,539 sqft · RM 403 PSF
RM 715,000
Level 7
1,539 sqft · RM 465 PSF
1,650 sqft
Condo
RM 650,000
Level 3
1,658 sqft · RM 392 PSF
1,700 sqft
Condo
RM 740,000
Level 6
1,679 sqft · RM 441 PSF
Legend Recent Highest Price Highest PSF
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2, Persiaran Tanjong Bungah 3, 11200 Tanjung Bungah, Pulau Pinang, Malaysia

Maps

The Straits Regency in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 683K and a median price per square foot (PSF) of RM 441.

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 683K, with most transactions falling within a stable range of RM 638K to RM 728K, and a typical market range of RM 643K to RM 722K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 441, with most transactions between RM 416 and RM 465. The usual range is RM 417.32 to RM 464.07, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 46.75 and an average deviation (MAD) of RM 25 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.