Bandar Tanjong Pinang
Seri Tanjung Pinang, Tanjung Tokong, Penang, Malaysia
Seri Tanjung Pinang, Tanjung Tokong, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Denai Pinang 28
|
RM 2,850,000
|
RM 1,059
|
2,691 sqft
|
|
|
|
Denai Pinang 8
|
RM 1,788,000
|
RM 664
|
2,691 sqft
|
|
|
|
Denai Pinang 8
|
RM 1,880,000
|
RM 699
|
2,691 sqft
|
|
|
|
Denai Pinang 36
|
RM 1,700,000
|
RM 632
|
2,691 sqft
|
|
|
|
Denai Pinang 12
|
RM 1,950,000
|
RM 725
|
2,691 sqft
|
|
|
|
Medan Bayu
|
RM 2,600,000
|
RM 966
|
2,691 sqft
|
|
|
|
Tg. Pinang
|
RM 2,530,000
|
RM 940
|
2,691 sqft
|
|
|
|
Denai Pinang 30
|
RM 1,900,000
|
RM 706
|
2,691 sqft
|
|
|
Denai Endau 1
|
RM 2,800,000
|
RM 899
|
3,114 sqft
|
|
|
Denai Endau 3
|
RM 3,250,000
|
RM 913
|
3,560 sqft
|
|
|
Denai Pinang 2
|
RM 3,300,000
|
RM 915
|
3,606 sqft
|
|
|
Denai Bayu 26
|
RM 3,475,000
|
RM 915
|
3,800 sqft
|
|
|
|
Denai Bayu 26
|
RM 3,480,000
|
RM 916
|
3,800 sqft
|
|
|
|
Denai Bayu 2
|
RM 3,180,000
|
RM 837
|
3,800 sqft
|
|
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Market Snapshot
ResidentialRM 2,850,000
RM 899 psfMedian transaction price
Seri Tanjung Pinang, Tanjung Tokong, Penang, Malaysia
MapsBandar Tanjong Pinang in Timur Laut, Penang recorded 17 subsale transactions in 2021, with a median price of RM 2.85 million and a median price per square foot (PSF) of RM 899.
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 2.85 million, with most transactions falling within a stable range of RM 1.96 million to RM 3.74 million, and a typical market range of RM 2.02 million to RM 3.69 million.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 899, with core pricing between RM 782 and RM 1,016. Market pricing typically extends from RM 766.17 to RM 1,032.17, reflecting moderate variation in unit pricing. With an IQR of RM 266.00 and MAD of RM 117, 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.