TAMAN HUTCHINGS Property Investment Analysis

Georgetown, Timur Laut, Penang

Median Price
RM 935,000
CAGR
-7.2%
Median PSF
RM 548.50
CAGR
+4.7%
Transactions
2
Period
2023-2024

TAMAN HUTCHINGS in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 935K and a median price per square foot (PSF) of RM 549.

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 935K, with most transactions falling within a stable range of RM 900K to RM 970K, and a typical market range of RM 918K to RM 953K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 549, with most transactions between RM 536 and RM 561. The usual range is RM 542.25 to RM 554.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 12.50 and an average deviation (MAD) of RM 13 indicate a highly stable PSF trend across properties.

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.

ADVANCED FILTERS

TRANSACTIONS

2 found
1 - 1 1/2 Storey Terraced
TAMAN HUTCHING
RM 900,000
PSF: RM 561.00
Area: 1,604 sqft
Date: Aug 2024
1 - 1 1/2 Storey Terraced
TAMAN HUTCHINGS
RM 970,000
PSF: RM 536.00
Area: 1,809 sqft
Date: Jun 2023