Taman Bukit Bendera

11500 Bukit Bendera, Pulau Pinang, Malaysia

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Market Snapshot

Residential

RM 350,000

RM 453 psf

Median transaction price

Taman Bukit Bendera
© OpenStreetMap · CARTO

Taman Bukit Bendera, 11500 Bukit Bendera, Pulau Pinang, Malaysia

Maps

Taman Bukit Bendera in Timur Laut, Penang recorded 0 subsale transactions in 2023, with a median price of RM 350K 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 350K, with most transactions falling within a stable range of RM 260K to RM 440K, and a typical market range of RM 243K to RM 458K.

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

The median PSF stands at RM 453, with core pricing between RM 391 and RM 515. Market pricing typically extends from RM 406.00 to RM 500.00, reflecting moderate variation in unit pricing. With an IQR of RM 94.00 and MAD of RM 62, 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.