MEDAN TENGKU in Timur Laut, Penang recorded 1 subsale transactions in 2024, with a median price of RM 260K 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 260K, with most transactions falling within a stable range of RM 223K to RM 297K, and a typical market range of RM 234K to RM 286K.
Most transactions involved low-cost flat, though some variety exists in the market.
The median PSF stands at RM 396, with core pricing between RM 356 and RM 436. Market pricing typically extends from RM 351.00 to RM 441.00, reflecting moderate variation in unit pricing. With an IQR of RM 90.00 and MAD of RM 40, the PSF demonstrates reasonable consistency across the market.
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.