BANDAR TANJONG PINANG

Area Intelligence
2023
Median Price
RM 4,000,000
PSF: RM 875

Residential PSF Trends

Median Price

RM 4,000,000

PSF: RM 875

BANDAR TANJONG PINANG in Timur Laut, Penang recorded 15 subsale transactions in 2023, with a median price of RM 4.00 million and a median price per square foot (PSF) of RM 875.

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 4.00 million, with most transactions falling within a stable range of RM 3.00 million to RM 5.20 million, and a typical market range of RM 3.16 million to RM 4.84 million.

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

The median PSF stands at RM 875, with core pricing between RM 763 and RM 987. Market pricing typically extends from RM 740.50 to RM 1,009.50, reflecting moderate variation in unit pricing. With an IQR of RM 269.00 and MAD of RM 112, 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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BANDAR TANJONG PINANG, Timur Laut, Penang

OSM

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Transactions

15 transactions grouped by size

3,200 sqft
Double Storey Semi-D
RM 3,100,000
DENAI ENDAU 3
3,200 sqft · RM 969 PSF
3,550 sqft
Double Storey Semi-D
RM 3,300,000
DENAI ENDAU 1
3,560 sqft · RM 927 PSF
RM 3,200,000
DENAI ENDAU 1
3,560 sqft · RM 899 PSF
3,800 sqft
Double Storey Semi-D
RM 3,000,000
DENAI ENDAU 5
3,822 sqft · RM 785 PSF
3,950 sqft
Double Storey Terraced
RM 3,050,000
DENAI PINANG 20
3,973 sqft · RM 768 PSF
4,000 sqft
Double Storey Semi-D
RM 3,300,000
LENGKOK ENDAU
4,002 sqft · RM 825 PSF
RM 3,500,000
DENAI ENDAU 7
4,000 sqft · RM 875 PSF
4,600 sqft
Double Storey Semi-D
RM 4,000,000
DENAI ENDAU 7
4,612 sqft · RM 867 PSF
5,000 sqft
Bungalow
RM 5,000,000
DENAI BAYU 10
5,000 sqft · RM 1,000 PSF
5,450 sqft
Double Storey Semi-D
RM 4,300,000
LENGKOK ENDAU
5,455 sqft · RM 788 PSF
5,700 sqft
Bungalow
RM 6,120,000
DENAI BAYU 12
5,678 sqft · RM 1,078 PSF
5,850 sqft
Bungalow
RM 6,320,000
DENAI BAYU 12
5,838 sqft · RM 1,082 PSF
6,400 sqft
Double Storey Terraced
RM 6,000,000
DENAI BAYU 2
6,400 sqft · RM 938 PSF
6,800 sqft
Double Storey Semi-D
RM 5,650,000
DENAI ENDAU 7
6,821 sqft · RM 828 PSF
7,250 sqft
Double Storey Semi-D
RM 4,880,000
DENAI ENDAU 11
7,268 sqft · RM 671 PSF

No Properties For Sale

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

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