Penang
Timur Laut
Bdr Tanjung Pinang
BANDAR TANJONG PINANG

BANDAR TANJONG PINANG

Area Intelligence

2021

Median Price

RM 3,327,500

PSF: RM 1,202

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Residential PSF Trends

Median Price

RM 3,327,500

PSF: RM 1,202

BANDAR TANJONG PINANG in Timur Laut, Penang recorded 4 subsale transactions in 2021, with a median price of RM 3.33 million and a median price per square foot (PSF) of RM 1,202.

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 3.33 million, with most transactions falling within a stable range of RM 2.97 million to RM 3.48 million, and a typical market range of RM 2.60 million to RM 3.48 million.

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

The median PSF stands at RM 1,202, with core pricing between RM 1,079 and RM 1,325. Market pricing typically extends from RM 1,067.50 to RM 1,336.50, reflecting moderate variation in unit pricing. With an IQR of RM 269.00 and MAD of RM 123, 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

4 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

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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

2,700 sqft

Double Storey Terraced

2,700 sqft

Double Storey Terraced

RM 2,600,000

MEDAN BAYU

2,720 sqft · RM 956 PSF

Oct 2021

MEDAN BAYU

RM 2,600,000

RM 956

2,720 sqft

Oct 2021

2,750 sqft

Double Storey Terraced

2,750 sqft

Double Storey Terraced

RM 3,475,000

DENAI BAYU 26

2,767 sqft · RM 1,256 PSF

Oct 2021

RM 3,480,000

DENAI BAYU 26

2,771 sqft · RM 1,256 PSF

Sep 2021

RM 3,180,000

DENAI BAYU 2

2,771 sqft · RM 1,148 PSF

Jul 2021

DENAI BAYU 26	RM 3,475,000	RM 1,256	2,767 sqft	Oct 2021
DENAI BAYU 26	RM 3,480,000	RM 1,256	2,771 sqft	Sep 2021
DENAI BAYU 2	RM 3,180,000	RM 1,148	2,771 sqft	Jul 2021