TAMAN TEGOH FASA I/FASA II (GRANDVIEW)

Area Intelligence
2023
Median Price
RM 498,000
PSF: RM 396

Residential PSF Trends

Median Price

RM 498,000

PSF: RM 396

TAMAN TEGOH FASA I/FASA II (GRANDVIEW) in Timur Laut, Penang recorded 11 subsale transactions in 2023, with a median price of RM 498K and a median price per square foot (PSF) of RM 396.

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 498K, with most transactions falling within a stable range of RM 400K to RM 707K, and a typical market range of RM 400K to RM 606K.

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

The median PSF stands at RM 396, with core pricing between RM 341 and RM 451. Market pricing typically extends from RM 354.25 to RM 437.75, reflecting moderate variation in unit pricing. With an IQR of RM 83.50 and MAD of RM 55, 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

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Transactions

11 transactions grouped by size

1,200 sqft
Condo/Apartment
RM 560,000
Level 18
1,195 sqft · RM 469 PSF
RM 520,000
Level 23
1,195 sqft · RM 435 PSF
RM 530,000
Level 19
1,195 sqft · RM 444 PSF
RM 580,000
Level 10
1,195 sqft · RM 485 PSF
RM 473,000
Level 5
1,195 sqft · RM 396 PSF
RM 400,000
Level 8
1,195 sqft · RM 335 PSF
1,300 sqft
Condo/Apartment
RM 448,000
Level 18
1,292 sqft · RM 347 PSF
RM 465,000
Level 20
1,292 sqft · RM 360 PSF
RM 475,000
Level 12
1,292 sqft · RM 368 PSF
1,350 sqft
Condo/Apartment
RM 498,000
Level 7
1,345 sqft · RM 370 PSF
2,450 sqft
Condo/Apartment
RM 1,200,000
Level 22
2,433 sqft · RM 493 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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