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

TAMAN TEGOH FASA I/FASA II (GRANDVIEW)

Area Intelligence

2023

Median Price

RM 469,000

PSF: RM 381

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Residential PSF Trends

Median Price

RM 469,000

PSF: RM 381

TAMAN TEGOH FASA I/FASA II (GRANDVIEW) in Timur Laut, Penang recorded 16 subsale transactions in 2023, with a median price of RM 469K and a median price per square foot (PSF) of RM 381.

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 469K, with most transactions falling within a stable range of RM 520K to RM 493K, and a typical market range of RM 520K to RM 577K.

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

For price per square foot, the median is RM 381, with most transactions between RM 361 and RM 400. The usual range is RM 338.75 to RM 422.25, showing that most units are priced quite close to each other. With an IQR of RM 83.50 and MAD of RM 20, 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. 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 TEGOH FASA I/FASA II (GRANDVIEW), Timur Laut, Penang

OSM

Track location

Transactions

4 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

Road	Price	Land PSF	Land	Date	Type

1,200 sqft

Condo/Apartment

1,200 sqft

Condo/Apartment

RM 560,000

Level 18

1,195 sqft · RM 469 PSF

Nov 2023

RM 520,000

Level 23

1,195 sqft · RM 435 PSF

Nov 2023

RM 530,000

Level 19

1,195 sqft · RM 444 PSF

Jul 2023

RM 580,000

Level 10

1,195 sqft · RM 485 PSF

Jun 2023

Level 18	RM 560,000	RM 469	1,195 sqft	Nov 2023
Level 23	RM 520,000	RM 435	1,195 sqft	Nov 2023
Level 19	RM 530,000	RM 444	1,195 sqft	Jul 2023
Level 10	RM 580,000	RM 485	1,195 sqft	Jun 2023