TAMAN TEGOH FASA I/FASA II (GRANDVIEW)

TAMAN TEGOH FASA I/FASA II (GRANDVIEW) in Timur Laut, Penang recorded 3 subsale transactions in 2022, with a median price of RM 290K and a median price per square foot (PSF) of RM 354.

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 290K, with most transactions falling within a stable range of RM 164K to RM 417K, and a typical market range of RM 183K to RM 398K.

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

The median PSF stands at RM 354, with core pricing between RM 311 and RM 397. Market pricing typically extends from RM 312.25 to RM 395.75, 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.