THE TAMARIND

Area Intelligence

2023

Median Price

RM 865,000

PSF: RM 801

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Residential PSF Trends

Median Price

RM 865,000

PSF: RM 801

THE TAMARIND in Timur Laut, Penang recorded 26 subsale transactions in 2023, with a median price of RM 865K and a median price per square foot (PSF) of RM 801.

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 865K, with most transactions falling within a stable range of RM 796K to RM 934K, and a typical market range of RM 750K to RM 994K.

Most transactions involved service apartment, with minimal variety in property types.

For price per square foot, the median is RM 801, with most transactions between RM 728 and RM 874. The usual range is RM 727.75 to RM 874.25, showing that most units are priced quite close to each other. With an IQR of RM 146.50 and MAD of RM 73, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.

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THE TAMARIND, Timur Laut, Penang

OSM

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Transactions

14 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

1,000 sqft

Service Apartment

1,000 sqft

Service Apartment

RM 1,000,000

Level 31

1,023 sqft · RM 978 PSF

Nov 2023

RM 870,000

Level 28

1,023 sqft · RM 851 PSF

Oct 2023

RM 780,000

Level 31

1,023 sqft · RM 763 PSF

Oct 2023

RM 750,000

Level 6

1,023 sqft · RM 733 PSF

Sep 2023

RM 890,000

Level 8

1,023 sqft · RM 870 PSF

Sep 2023

RM 820,000

Level 23

1,023 sqft · RM 802 PSF

Sep 2023

Level 31	RM 1,000,000	RM 978	1,023 sqft	Nov 2023
Level 28	RM 870,000	RM 851	1,023 sqft	Oct 2023
Level 31	RM 780,000	RM 763	1,023 sqft	Oct 2023
Level 6	RM 750,000	RM 733	1,023 sqft	Sep 2023
Level 8	RM 890,000	RM 870	1,023 sqft	Sep 2023
Level 23	RM 820,000	RM 802	1,023 sqft	Sep 2023