Alila Horizons Condominium

Tanjung Tokong, 11200 Tanjung Bungah, Penang, Malaysia

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Market Snapshot

Residential

RM 795,000

RM 585 psf

Median transaction price

Low

Rental Yield Data

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Alila Horizons Condominium
© OpenStreetMap · CARTO

Tanjung Tokong, 11200 Tanjung Bungah, Penang, Malaysia

Maps

Alila Horizons Condominium in Timur Laut, Penang recorded 0 subsale transactions between 2021 and 2026, with a median price of RM 795K and a median price per square foot (PSF) of RM 585.

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 795K, with most transactions falling within a stable range of RM 760K to RM 830K, and a typical market range of RM 765K to RM 825K.

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

For price per square foot, the median is RM 585, with most transactions between RM 560 and RM 610. The usual range is RM 560.50 to RM 609.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 49.00 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.