Penang
Timur Laut
18
TAMAN TANJONG PERMAI

TAMAN TANJONG PERMAI

Area Intelligence

2022

Median Price

RM 945,000

PSF: RM 696

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Residential PSF Trends

Median Price

RM 945,000

PSF: RM 696

TAMAN TANJONG PERMAI in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM 945K and a median price per square foot (PSF) of RM 696.

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 945K, with most transactions falling within a stable range of RM 680K to RM 1.21 million, and a typical market range of RM 875K to RM 1.02 million.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

Price per square foot shows a median of RM 696, though individual units vary from RM 526 to RM 865 in the core range. The broader market spans RM 494.50 to RM 896.50, indicating diverse property characteristics. The spread of RM 402.00 (IQR) and deviation of RM 170 (MAD) suggest moderate price variations reflecting different property features.

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.

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TAMAN TANJONG PERMAI, Timur Laut, Penang

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