Penang
Timur Laut
Jelutong
TAMAN KHENG TIAN

TAMAN KHENG TIAN

Area Intelligence

2022

Median Price

RM 362,500

PSF: RM 532

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Residential PSF Trends

Median Price

RM 360,000

PSF: RM 524

Commercial PSF Trends

Median Price

RM 970,000

RM 1,306 PSF

TAMAN KHENG TIAN in Timur Laut, Penang recorded 10 subsale transactions in 2022, with a median price of RM 363K and a median price per square foot (PSF) of RM 532.

This area contains both residential and commercial properties. View 24 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved flats, though some variety exists in the market.

For price per square foot, the median is RM 532, with most transactions between RM 532 and RM 532. The usual range is RM 494.50 to RM 568.50, showing that most units are priced quite close to each other. With an IQR of RM 74.00 and MAD of RM 0, 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 KHENG TIAN, Timur Laut, Penang

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