TAMAN WESTERN Property Investment Analysis
PROPERTY TYPES OVERVIEW
Service Apartment
20 properties
Median Price
RM 261,250
-1.6% CAGR
Median PSF
RM 632.75
-1.6% CAGR
Office Lot
15 properties
Median Price
RM 692,500
-1.7% CAGR
Median PSF
RM 692.50
+7.4% CAGR
Shop Unit/Retail Lot
10 properties
Median Price
RM 1,780,000
+17.0% CAGR
Median PSF
RM 1,536.50
-22.0% CAGR
6 - 6 1/2 Storey Shop
4 properties
Median Price
RM 1,300,000
+30.7% CAGR
Median PSF
RM 2,119.00
+31.5% CAGR
| Property Type | Properties | Transactions | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|---|
| Service Apartment | 20 | 6,622,000 |
RM 261,250
±10K MAD
|
-1.65% |
RM 632.75
±5 MAD
|
-1.64% | |
| Office Lot | 15 | 11,700,000 |
RM 692,500
±38K MAD
|
-1.67% |
RM 692.50
±38 MAD
|
+7.36% | |
| Shop Unit/Retail Lot | 10 | 16,060,000 |
RM 1,780,000
±20K MAD
|
+17.01% |
RM 1,536.50
±603 MAD
|
-22.03% | |
| 6 - 6 1/2 Storey Shop | 4 | 5,280,000 |
RM 1,300,000
±360K MAD
|
+30.73% |
RM 2,119.00
±482 MAD
|
+31.49% |
TAMAN WESTERN in Timur Laut, Penang recorded 1 subsale transactions between 2021 and 2025, with a median price of RM 1.45 million and a median price per square foot (PSF) of RM 575.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
ADVANCED FILTERS
TRANSACTIONS
|
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
|---|---|---|---|---|---|
| 1 - 1 1/2 Storey Terraced |
TAMAN WESTERN
|
RM 1,450,000
|
RM 575.00
|
2,521 sqft
|
Aug 2024
|