BANDAR TANJONG PINANG

Area Intelligence
2022
Median Price
RM 2,900,000
PSF: RM 987

Residential PSF Trends

Median Price

RM 2,900,000

PSF: RM 987

BANDAR TANJONG PINANG in Timur Laut, Penang recorded 24 subsale transactions in 2022, with a median price of RM 2.90 million and a median price per square foot (PSF) of RM 987.

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 2.90 million, with most transactions falling within a stable range of RM 2.13 million to RM 3.67 million, and a typical market range of RM 2.06 million to RM 3.74 million.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 987, with core pricing between RM 859 and RM 1,115. Market pricing typically extends from RM 852.00 to RM 1,121.00, reflecting moderate variation in unit pricing. With an IQR of RM 269.00 and MAD of RM 128, 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. Moderate transaction volume may require patience when buying or selling.

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BANDAR TANJONG PINANG, Timur Laut, Penang

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Transactions

16 transactions grouped by size

1,900 sqft
Double Storey Terraced
RM 2,018,000
DENAI PINANG
1,920 sqft · RM 1,051 PSF
RM 2,050,000
DENAI PINANG
1,920 sqft · RM 1,068 PSF
2,600 sqft
Double Storey Terraced
RM 3,900,000
DENAI BAYU 2
2,600 sqft · RM 1,500 PSF
RM 3,700,000
DENAI BAYU 2
2,600 sqft · RM 1,423 PSF
2,750 sqft
Double Storey Terraced
RM 3,480,000
DENAI BAYU 26
2,766 sqft · RM 1,258 PSF
RM 3,600,000
DENAI BAYU 26
2,766 sqft · RM 1,301 PSF
3,200 sqft
Double Storey Semi-D
RM 2,800,000
DENAI ENDAU 1
3,200 sqft · RM 875 PSF
3,650 sqft
Double Storey Terraced
RM 3,580,000
DENAI BAYU 26
3,637 sqft · RM 984 PSF
3,900 sqft
Double Storey Semi-D
RM 3,500,000
DENAI ENDAU 7
3,888 sqft · RM 900 PSF
4,450 sqft
Double Storey Semi-D
RM 3,000,000
DENAI ENDAU 9
4,465 sqft · RM 672 PSF
4,500 sqft
Double Storey Semi-D
RM 3,500,000
DENAI ENDAU 11
4,505 sqft · RM 777 PSF
4,650 sqft
Double Storey Terraced
RM 2,700,000
DENAI PINANG 10
4,635 sqft · RM 583 PSF
5,000 sqft
RM 4,400,000
DENAI BAYU 8
5,000 sqft · RM 880 PSF
RM 4,900,000
DENAI BAYU 12
5,016 sqft · RM 977 PSF
5,500 sqft
Bungalow
RM 5,250,000
DENAI BAYU 22
5,509 sqft · RM 953 PSF
7,300 sqft
Bungalow
RM 11,000,000
JALAN DENAI BAYU 22
7,322 sqft · RM 1,502 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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