TAMAN TEGOH FASA I/FASA II (GRANDVIEW)

TAMAN TEGOH FASA I/FASA II (GRANDVIEW) in Timur Laut, Penang recorded 3 subsale transactions in 2024, with a median price of RM 330K and a median price per square foot (PSF) of RM 402.

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 330K, with most transactions falling within a stable range of RM 204K to RM 457K, and a typical market range of RM 223K to RM 438K.

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

The median PSF stands at RM 402, with core pricing between RM 359 and RM 445. Market pricing typically extends from RM 360.25 to RM 443.75, reflecting moderate variation in unit pricing. With an IQR of RM 83.50 and MAD of RM 43, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.