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
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2, Persiaran Tanjong Bungah 3, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
MapsThe Straits Regency in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 1,525 and 1,574 sqft, with a median price of RM 668K and a median price per square foot (PSF) of RM 434.
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 668K, with most transactions falling within a stable range of RM 620K to RM 715K, and a typical market range of RM 628K to RM 707K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 434, with most transactions between RM 403 and RM 465. The usual range is RM 410.29 to RM 457.04, 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 31 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.