Penang
Timur Laut
Bdr Tanjung Pinang
BANDAR TANJONG PINANG

BANDAR TANJONG PINANG

Area Intelligence

2022

Median Price

RM 1,925,000

PSF: RM 1,003

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Residential PSF Trends

Median Price

RM 1,925,000

PSF: RM 1,003

BANDAR TANJONG PINANG in Timur Laut, Penang recorded 10 subsale transactions in 2022, with a median price of RM 1.93 million and a median price per square foot (PSF) of RM 1,003.

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 1.93 million, with most transactions falling within a stable range of RM 1.86 million to RM 1.99 million, and a typical market range of RM 1.85 million to RM 2.05 million.

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

For price per square foot, the median is RM 1,003, with most transactions between RM 970 and RM 1,035. The usual range is RM 868.00 to RM 1,137.00, showing that most units are priced quite close to each other. With an IQR of RM 269.00 and MAD of RM 32, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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BANDAR TANJONG PINANG, Timur Laut, Penang

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Transactions

10 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

1,900 sqft

Double Storey Terraced

1,900 sqft

Double Storey Terraced

RM 2,018,000

DENAI PINANG

1,920 sqft · RM 1,051 PSF

Dec 2022

RM 2,050,000

DENAI PINANG

1,920 sqft · RM 1,068 PSF

Dec 2022

RM 1,940,000

DENAI PINANG 18

1,920 sqft · RM 1,010 PSF

Sep 2022

RM 1,950,000

DENAI PINANG 16

1,920 sqft · RM 1,015 PSF

Jun 2022

RM 1,910,000

DENAI PINANG 32

1,920 sqft · RM 995 PSF

May 2022

RM 1,850,000

DENAI PINANG 6

1,920 sqft · RM 963 PSF

Apr 2022

DENAI PINANG	RM 2,018,000	RM 1,051	1,920 sqft	Dec 2022
DENAI PINANG	RM 2,050,000	RM 1,068	1,920 sqft	Dec 2022
DENAI PINANG 18	RM 1,940,000	RM 1,010	1,920 sqft	Sep 2022
DENAI PINANG 16	RM 1,950,000	RM 1,015	1,920 sqft	Jun 2022
DENAI PINANG 32	RM 1,910,000	RM 995	1,920 sqft	May 2022
DENAI PINANG 6	RM 1,850,000	RM 963	1,920 sqft	Apr 2022