THE TAMARIND

Area Intelligence

2022

Median Price

RM 919,000

PSF: RM 758

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Residential PSF Trends

Median Price

RM 919,000

PSF: RM 758

THE TAMARIND in Timur Laut, Penang recorded 35 subsale transactions in 2022, with a median price of RM 919K and a median price per square foot (PSF) of RM 758.

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 919K, with most transactions falling within a stable range of RM 889K to RM 740K, and a typical market range of RM 790K to RM 740K.

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

For price per square foot, the median is RM 758, with most transactions between RM 732 and RM 784. The usual range is RM 684.75 to RM 831.25, showing that most units are priced quite close to each other. With an IQR of RM 146.50 and MAD of RM 26, 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

Track location

Transactions

9 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 690,000

Level 16

1,023 sqft · RM 675 PSF

Sep 2022

RM 630,000

Level 6

1,023 sqft · RM 616 PSF

May 2022

RM 720,000

Level 13

1,023 sqft · RM 704 PSF

Mar 2022

RM 710,000

Level 7

1,023 sqft · RM 694 PSF

Feb 2022

Level 16	RM 690,000	RM 675	1,023 sqft	Sep 2022
Level 6	RM 630,000	RM 616	1,023 sqft	May 2022
Level 13	RM 720,000	RM 704	1,023 sqft	Mar 2022
Level 7	RM 710,000	RM 694	1,023 sqft	Feb 2022

1,050 sqft

Service Apartment

1,050 sqft

Service Apartment

RM 719,000

Level 13

1,047 sqft · RM 687 PSF

Nov 2022

RM 690,000

Level 15

1,047 sqft · RM 659 PSF

Sep 2022

RM 740,000

Level 17

1,047 sqft · RM 707 PSF

Jun 2022

RM 720,000

Level 12

1,047 sqft · RM 688 PSF

Mar 2022

RM 710,000

Level 6

1,047 sqft · RM 678 PSF

Feb 2022

Level 13	RM 719,000	RM 687	1,047 sqft	Nov 2022
Level 15	RM 690,000	RM 659	1,047 sqft	Sep 2022
Level 17	RM 740,000	RM 707	1,047 sqft	Jun 2022
Level 12	RM 720,000	RM 688	1,047 sqft	Mar 2022
Level 6	RM 710,000	RM 678	1,047 sqft	Feb 2022