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

TAMAN TEGOH FASA I/FASA II (GRANDVIEW)

Area Intelligence

2022

Median Price

RM 290,000

PSF: RM 354

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Residential PSF Trends

Median Price

RM 290,000

PSF: RM 354

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 280K to RM 319K, and a typical market range of RM 280K to RM 345K.

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

For price per square foot, the median is RM 354, with most transactions between RM 319 and RM 389. The usual range is RM 312.25 to RM 395.75, showing that most units are priced quite close to each other. With an IQR of RM 83.50 and MAD of RM 35, 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.

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

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