Penang
Timur Laut
Bdr Tanjung Pinang
BANDAR TANJONG PINANG

BANDAR TANJONG PINANG

Area Intelligence

2023

Median Price

RM 2,150,000

PSF: RM 1,120

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Residential PSF Trends

Median Price

RM 2,150,000

PSF: RM 1,120

BANDAR TANJONG PINANG in Timur Laut, Penang recorded 7 subsale transactions in 2023, with a median price of RM 2.15 million and a median price per square foot (PSF) of RM 1,120.

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 2.15 million, with most transactions falling within a stable range of RM 1.86 million to RM 2.96 million, and a typical market range of RM 1.86 million to RM 2.99 million.

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

The median PSF stands at RM 1,120, with core pricing between RM 967 and RM 1,273. Market pricing typically extends from RM 985.50 to RM 1,254.50, reflecting moderate variation in unit pricing. With an IQR of RM 269.00 and MAD of RM 153, 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

OSM

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Transactions

7 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 2,080,000

DENAI PINANG 22

1,920 sqft · RM 1,083 PSF

Aug 2023

RM 2,400,000

MEDAN BAYU

1,920 sqft · RM 1,250 PSF

May 2023

RM 2,150,000

DENAI PINANG 6

1,920 sqft · RM 1,120 PSF

Jan 2023

RM 1,950,000

DENAI PINANG 32

1,920 sqft · RM 1,015 PSF

Jan 2023

RM 1,860,000

DENAI PINANG 36

1,920 sqft · RM 969 PSF

Jan 2023

DENAI PINANG 22	RM 2,080,000	RM 1,083	1,920 sqft	Aug 2023
MEDAN BAYU	RM 2,400,000	RM 1,250	1,920 sqft	May 2023
DENAI PINANG 6	RM 2,150,000	RM 1,120	1,920 sqft	Jan 2023
DENAI PINANG 32	RM 1,950,000	RM 1,015	1,920 sqft	Jan 2023
DENAI PINANG 36	RM 1,860,000	RM 969	1,920 sqft	Jan 2023