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 846K to RM 750K, and a typical market range of RM 736K to RM 750K.

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 783 and RM 819. 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 18, 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

7 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 750,000

Level 6

1,023 sqft · RM 733 PSF

Sep 2023

RM 700,000

Level 31

1,023 sqft · RM 685 PSF

Jun 2023

RM 700,000

Level 7

1,023 sqft · RM 685 PSF

Apr 2023

RM 745,000

Level 16

1,023 sqft · RM 729 PSF

Mar 2023

RM 715,000

Level 3

1,023 sqft · RM 699 PSF

Feb 2023

RM 730,000

Level 10

1,023 sqft · RM 714 PSF

Jan 2023

Level 6	RM 750,000	RM 733	1,023 sqft	Sep 2023
Level 31	RM 700,000	RM 685	1,023 sqft	Jun 2023
Level 7	RM 700,000	RM 685	1,023 sqft	Apr 2023
Level 16	RM 745,000	RM 729	1,023 sqft	Mar 2023
Level 3	RM 715,000	RM 699	1,023 sqft	Feb 2023
Level 10	RM 730,000	RM 714	1,023 sqft	Jan 2023