TAMAN SCOTLAND

Area Intelligence
2024
Median Price
RM 7,500,000
PSF: RM 359

Residential PSF Trends

Median Price

RM 7,500,000

PSF: RM 359

TAMAN SCOTLAND in Timur Laut, Penang recorded 3 subsale transactions in 2024, with a median price of RM 7.50 million and a median price per square foot (PSF) of RM 359.

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 7.50 million, with most transactions falling within a stable range of RM 4.47 million to RM 9.50 million, and a typical market range of RM 6.53 million to RM 8.48 million.

Most transactions involved detached, though some variety exists in the market.

Price per square foot shows a median of RM 359, though individual units vary from RM 262 to RM 456 in the core range. The broader market spans RM 268.50 to RM 449.50, indicating diverse property characteristics. A wider spread (IQR: RM 181.00) and deviation (MAD: RM 97) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SCOTLAND, Timur Laut, Penang

OSM

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Transactions

3 transactions grouped by size

4,100 sqft
Double Storey Semi-D
RM 2,300,000
SOLOK PIGGOT
4,101 sqft · RM 561 PSF
20,850 sqft
Bungalow
RM 7,500,000
JALAN SCOTLAND
20,871 sqft · RM 359 PSF
27,150 sqft
Bungalow
RM 9,500,000
JALAN SCOTLAND
27,145 sqft · RM 350 PSF

No Properties For Sale

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

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