THE TAMARIND

Area Intelligence
2024
Median Price
RM 830,000
PSF: RM 802

Residential PSF Trends

Median Price

RM 830,000

PSF: RM 802

THE TAMARIND in Timur Laut, Penang recorded 19 subsale transactions in 2024, with a median price of RM 830K and a median price per square foot (PSF) of RM 802.

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 830K, with most transactions falling within a stable range of RM 1.05 million to RM 905K, and a typical market range of RM 1.05 million to RM 959K.

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

For price per square foot, the median is RM 802, with most transactions between RM 739 and RM 865. The usual range is RM 728.75 to RM 875.25, showing that most units are priced quite close to each other. With an IQR of RM 146.50 and MAD of RM 63, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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THE TAMARIND, Timur Laut, Penang

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Transactions

4 transactions grouped by size

1,150 sqft
Service Apartment
RM 1,250,000
Level 29
1,173 sqft · RM 1,065 PSF
RM 1,150,000
Level 19
1,173 sqft · RM 980 PSF
RM 1,048,000
Level 17
1,173 sqft · RM 893 PSF
RM 1,100,000
Level 30
1,173 sqft · RM 938 PSF

No Properties For Sale

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

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