BANDAR TANJONG PINANG

Area Intelligence
2021
Median Price
RM 3,250,000
PSF: RM 913

Residential PSF Trends

Median Price

RM 3,250,000

PSF: RM 913

BANDAR TANJONG PINANG in Timur Laut, Penang recorded 9 subsale transactions in 2021, with a median price of RM 3.25 million and a median price per square foot (PSF) of RM 913.

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 3.25 million, with most transactions falling within a stable range of RM 2.78 million to RM 3.72 million, and a typical market range of RM 2.60 million to RM 4.09 million.

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

The median PSF stands at RM 913, with core pricing between RM 735 and RM 1,091. Market pricing typically extends from RM 778.50 to RM 1,047.50, reflecting moderate variation in unit pricing. The spread of RM 269.00 (IQR) and deviation of RM 178 (MAD) suggest moderate price variations reflecting different property features.

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

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Transactions

9 transactions grouped by size

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
3,100 sqft
Double Storey Semi-D
RM 2,800,000
DENAI ENDAU 1
3,114 sqft · RM 899 PSF
3,550 sqft
Double Storey Semi-D
RM 3,250,000
DENAI ENDAU 3
3,560 sqft · RM 913 PSF
3,850 sqft
Double Storey Terraced
RM 2,850,000
DENAI PINANG 28
3,836 sqft · RM 743 PSF
4,150 sqft
Double Storey Semi-D
RM 3,450,000
DENAI ENDAU 5
4,137 sqft · RM 834 PSF
5,000 sqft
Double Storey Semi-D
RM 4,280,000
DENAI BAYU 2
5,000 sqft · RM 856 PSF

No Properties For Sale

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

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