BANDAR TANJONG PINANG

Area Intelligence
2021
Median Price
RM 2,240,000
PSF: RM 1,002

Residential PSF Trends

Median Price

RM 2,240,000

PSF: RM 1,002

BANDAR TANJONG PINANG in Timur Laut, Penang recorded 10 subsale transactions in 2021, with a median price of RM 2.24 million and a median price per square foot (PSF) of RM 1,002.

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 2.24 million, with most transactions falling within a stable range of RM 1.70 million to RM 2.91 million, and a typical market range of RM 1.70 million to RM 3.08 million.

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

The median PSF stands at RM 1,002, with core pricing between RM 853 and RM 1,151. Market pricing typically extends from RM 867.50 to RM 1,136.50, reflecting moderate variation in unit pricing. With an IQR of RM 269.00 and MAD of RM 149, 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

1,900 sqft
Double Storey Terraced
RM 1,788,000
DENAI PINANG 8
1,920 sqft · RM 931 PSF
RM 1,880,000
DENAI PINANG 8
1,920 sqft · RM 979 PSF
RM 1,700,000
DENAI PINANG 36
1,920 sqft · RM 885 PSF
RM 1,950,000
DENAI PINANG 12
1,920 sqft · RM 1,015 PSF
RM 2,530,000
TG. PINANG
1,920 sqft · RM 1,318 PSF
RM 1,900,000
DENAI PINANG 30
1,920 sqft · RM 989 PSF
2,700 sqft
Double Storey Terraced
RM 2,600,000
MEDAN BAYU
2,720 sqft · RM 956 PSF
2,750 sqft
Double Storey Terraced
RM 3,475,000
DENAI BAYU 26
2,767 sqft · RM 1,256 PSF
RM 3,480,000
DENAI BAYU 26
2,771 sqft · RM 1,256 PSF
RM 3,180,000
DENAI BAYU 2
2,771 sqft · RM 1,148 PSF

No Properties For Sale

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

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