TAMAN TEGOH FASA I/FASA II (GRANDVIEW)

TAMAN TEGOH FASA I/FASA II (GRANDVIEW) in Timur Laut, Penang recorded 4 subsale transactions in 2021, with a median price of RM 455K and a median price per square foot (PSF) of RM 433.

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 455K, with most transactions falling within a stable range of RM 329K to RM 582K, and a typical market range of RM 348K to RM 563K.

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

For price per square foot, the median is RM 433, with most transactions between RM 390 and RM 476. The usual range is RM 391.25 to RM 474.75, showing that most units are priced quite close to each other. 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.