Penang
Timur Laut
Georgetown
TAMAN TEGOH FASA I/FASA II (GRANDVIEW)

TAMAN TEGOH FASA I/FASA II (GRANDVIEW)

Area Intelligence

2022

Median Price

RM 497,500

PSF: RM 416

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Residential PSF Trends

Median Price

RM 497,500

PSF: RM 416

TAMAN TEGOH FASA I/FASA II (GRANDVIEW) in Timur Laut, Penang recorded 8 subsale transactions in 2022, with a median price of RM 498K and a median price per square foot (PSF) of RM 416.

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 498K, with most transactions falling within a stable range of RM 493K to RM 290K, and a typical market range of RM 390K to RM 290K.

Most transactions involved condominium/apartment, though some variety exists in the market.

For price per square foot, the median is RM 416, with most transactions between RM 410 and RM 422. The usual range is RM 373.75 to RM 457.25, showing that most units are priced quite close to each other. With an IQR of RM 83.50 and MAD of RM 6, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN TEGOH FASA I/FASA II (GRANDVIEW), Timur Laut, Penang

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