MEDAN TENGKU

Area Intelligence
2023
Median Price
RM 190,000
PSF: RM 341

Residential PSF Trends

Median Price

RM 190,000

PSF: RM 341

MEDAN TENGKU in Timur Laut, Penang recorded 0 subsale transactions in 2023, with a median price of RM 190K and a median price per square foot (PSF) of RM 341.

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 190K, with most transactions falling within a stable range of RM 153K to RM 227K, and a typical market range of RM 164K to RM 216K.

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

The median PSF stands at RM 341, with core pricing between RM 301 and RM 381. Market pricing typically extends from RM 296.00 to RM 386.00, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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MEDAN TENGKU, Timur Laut, Penang

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