Penang
Timur Laut
Jelutong
MEDAN TENGKU

MEDAN TENGKU

Area Intelligence

2023

Median Price

RM 203,500

PSF: RM 344

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 203,500

PSF: RM 344

MEDAN TENGKU in Timur Laut, Penang recorded 4 subsale transactions in 2023, with a median price of RM 204K and a median price per square foot (PSF) of RM 344.

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 204K, with most transactions falling within a stable range of RM 167K to RM 241K, and a typical market range of RM 178K to RM 230K.

Most transactions involved low-cost flat, though some variety exists in the market.

The median PSF stands at RM 344, with core pricing between RM 304 and RM 384. Market pricing typically extends from RM 298.50 to RM 388.50, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Loading map...

MEDAN TENGKU, Timur Laut, Penang

OSM