Penang
Timur Laut
Georgetown
TAMAN SAWANG

TAMAN SAWANG

Area Intelligence

2023

Median Price

RM 280,000

PSF: RM 394

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Residential PSF Trends

Median Price

RM 280,000

PSF: RM 394

TAMAN SAWANG in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM 280K and a median price per square foot (PSF) of RM 394.

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 280K, with most transactions falling within a stable range of RM 250K to RM 310K, and a typical market range of RM 266K to RM 294K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM 394, with core pricing between RM 352 and RM 436. Market pricing typically extends from RM 375.38 to RM 412.63, reflecting moderate variation in unit pricing. With an IQR of RM 37.25 and MAD of RM 42, 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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TAMAN SAWANG, Timur Laut, Penang

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