Residensi Straits @ Seri Tanjung Pinang
3F-G-1, Lorong Seri Tanjung Pinang, Seri Tanjung Pinang, 10470 Tanjung Tokong, Pulau Pinang, Malaysia
3F-G-1, Lorong Seri Tanjung Pinang, Seri Tanjung Pinang, 10470 Tanjung Tokong, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 23
|
RM 1,000,000
|
RM 1,161
|
861 sqft
|
|
|
Level 22
|
RM 1,600,000
|
RM 1,239
|
1,292 sqft
|
|
|
|
Level 26
|
RM 1,650,000
|
RM 1,277
|
1,292 sqft
|
|
|
Level 18
|
RM 1,620,000
|
RM 1,194
|
1,356 sqft
|
|
|
|
Level 22
|
RM 1,666,000
|
RM 1,228
|
1,356 sqft
|
|
|
Denai Bayu 26
|
RM 4,100,000
|
RM 1,432
|
2,863 sqft
|
|
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Market Snapshot
ResidentialRM 1,635,000
RM 1,234 psfMedian transaction price
3F-G-1, Lorong Seri Tanjung Pinang, Seri Tanjung Pinang, 10470 Tanjung Tokong, Pulau Pinang, Malaysia
MapsResidensi Straits @ Seri Tanjung Pinang in Timur Laut, Penang recorded 6 subsale transactions in 2023, with a median price of RM 1.64 million and a median price per square foot (PSF) of RM 1,234.
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 1.64 million, with most transactions falling within a stable range of RM 1.00 million to RM 2.63 million, and a typical market range of RM 1.57 million to RM 1.70 million.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 1,234, with most transactions between RM 1,147 and RM 1,320. The usual range is RM 1,192.68 to RM 1,274.43, showing that most units are priced quite close to each other. With an IQR of RM 81.75 and MAD of RM 87, 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.