Penang
Timur Laut
Ayer Itam
TAMAN BUKIT BENDERA

TAMAN BUKIT BENDERA

Area Intelligence

2022

Median Price

RM 380,000

PSF: RM 453

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Residential PSF Trends

Median Price

RM 380,000

PSF: RM 453

TAMAN BUKIT BENDERA in Timur Laut, Penang recorded 5 subsale transactions in 2022, with a median price of RM 380K and a median price per square foot (PSF) of RM 453.

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 380K, with most transactions falling within a stable range of RM 348K to RM 210K, and a typical market range of RM 269K to RM 210K.

Most transactions involved condominium/apartment, though some variety exists in the market.

The median PSF stands at RM 453, with core pricing between RM 389 and RM 517. Market pricing typically extends from RM 409.25 to RM 496.75, reflecting moderate variation in unit pricing. With an IQR of RM 87.50 and MAD of RM 64, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BUKIT BENDERA, Timur Laut, Penang

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